16014 Cavendish 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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by United Real Estate | $249,900 | |
| Listed by United Real Estate | |||
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MOVE IN READY home in the quiet community of Middlebrook/ Clear Lake Area with easy access I-45 and local shopping centers. From the moment you walk in you will recognize the owners have taken meticulous care of their home during their stay. This home has a large primary bedroom with a walk-in closet. Open entry way with formal dining room. Spacious living room with plenty of natural light, Kitchen and bathrooms have beautiful GRANITE counter tops, and indoor laundry room. The fully fenced backyard invites you to relax in the sparkling POOL or enjoy some quiet time underneath the covered patio. This home is ready for entertaining and spending time with family. The home DID NOT FLOOD during Harvey.
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Property Highlights
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Price/ft²
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About Clear Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,050 /mo
- 2 Beds
- 2 Baths
- 1,343 ft²
$3,050 /mo
- 4 Beds
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- 3,328 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017