16 PECAN DRIVE LOOP
About This Property
Designed with a split floor plan, the layout offers both privacy and functionality. The spacious kitchen opens to the main living area, creating an inviting space ideal for entertaining and everyday living.
Enjoy plenty of parking with a 2-car garage and an extended driveway. The dining area features sliding glass doors that lead to a covered patio, overlooking a large, fully fenced backyard with ample open space and a convenient storage shed.
The primary suite includes a relaxing garden tub, a separate walk-in shower, and generous space to unwind. Additional highlights include an indoor laundry area and mature landscaping that enhances the home's peaceful outdoor setting.
Recent upgrades include tile flooring, a newer roof, a new A/C unit, and fresh interior and exterior paint. This home also features a spacious kitchen perfect for hosting family and friends.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2026 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| May 3, 2026 | Price Decreased |
$260,000
↓ $15K
(5.5%) | |
| Price Decreased | |||
| Mar 19, 2026 | Listed by GLOBALWIDE REALTY LLC | $275,000 | |
| Listed by GLOBALWIDE REALTY LLC | |||
| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by GLOBALWIDE REALTY LLC | $235,000 | |
| Listed by GLOBALWIDE REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017