16014 Congo Lane
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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 |
|---|---|---|---|
| Apr 6, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | Listed by Keller Williams Metropolitan | $349,990 | |
| Listed by Keller Williams Metropolitan | |||
| Mar 4, 2019 | Sold | ||
| Sold | |||
| Jan 2, 2019 | Listed by RE/MAX Compass | $255,000 | |
| Listed by RE/MAX Compass | |||
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BRING YOUR PICKIEST HM INSPECTOR & BUYER!! NEVER EVEN CAME CLOSE 2 FLOODING! Newer driveway, roof, a/c, all newer electrical box / GFCI outlets, (wtr htr 7 years), 2 bk drs & interior & exterior paint. Cov'd bk patio, HUGE lot! Cement board (no rotten wood) fresh paint, all newr "PLEX PLUMBING!" Toilets replaced, fireplace front replaced, newr blk appliances (dbl oven), GAS DRYR! Sprinkler sysm 4 huge byard! Flex shed in back could b functional pl house or used as she/man shed/ storage. Seller w/provide ALL RECEIPTS & WARRANTIES. MASSIVE KITCHEN/BREAKFAST COMBO W/CRAZY amount of REAL WD kit CABINETS! All bedrooms come w/HUGE walk-in closets! **DOUBLE PANE WINDOWS WITH PLANTATION SHUTTERS** 2 REFRIGERATORS stay! HUGE GMRM. Updated shower/faucets/hardware in Master along w/2 CLOSETS, TONS OF SPACE! WET BAR NOT 2 FAR AWAY! DETACHED GARAGE, GORGEOUS LOT, AMAZING CURB APPEAL, GORGEOUS TREES, $4,000.00 FRONT DR, 16 ft ceilings in foyer! { PRISTINE CONDITION } Maids just left, smells new!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017