16009 Homestead Drive
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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 |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Aug 4, 2020 | Listed by Your Neighborhood Realty | $170,000 | |
| Listed by Your Neighborhood Realty | |||
| Jul 7, 2019 | No longer available | - | |
| No longer available | |||
| Jun 2, 2019 | Price Decreased |
$185,000
↓ $15K
(7.5%) | |
| Price Decreased | |||
| Jan 5, 2019 | Listed | $199,900 | |
| Listed | |||
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Location Location Location! Don't miss out on this one of a kind spacious tri-level! Features include 4bdrm/3ba, sunken living room, den with wet bar, remodeled kitchen, dining room. and a balcony/deck off of master bdrm. Enjoy affordable living with serene views and sunsets. You're just a chip and a putt away from the putting green of the seventh hole of the increasingly popular Horizon Golf Course! It is situated on one of the biggest lots in Horizon Heights measuring just over 1/4 acre and fully equipped with an automatic sprinkler system, mature landscaping, swimming pool with deck and a salt water filtering system, attached workshop with electricity, over-sized covered back patio with stamped concrete, and a front entry gated courtyard for added privacy. Sellers have already absorbed the costly investment of making this home energy efficient by upgrading to refrigerated air, upgrading all windows to double-pane windows/doors and installing a solar powered panel system resulting in lower energy bills! The manager has listed the unit size as 2514 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017