16 River Drive
About This Property
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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 7, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Listed by Home Topic Realty | $30,000 | |
| Listed by Home Topic Realty | |||
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HUNTIN' AND FISHIN' "CAMP"!! HIGH AND DRY!! LOW TAXES!! Public bird hunting and AMAZING fishing!! Private neighborhood boat launch with TRINITY RIVER access!! Furniture AND Appliances (washer, dryer & refrigerator) all staying!! Carpet has since been replaced with Vinyl **for low-maintenance** Winter storm collapsed patio cover over tin building/588 sqft. deck (see photos) seller willing to remove for deck only OR leave materials for rebuild. Minutes from Trinity, 1-hour drive from Houston. Room and Lot sizes are approximate. Call today, this one wont last long!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017