16027 Comal Bend Lane
About This Property
For privacy and convenience, the staircase to the second floor is discreetly concealed behind a door in the kitchen. Upstairs, you'll find a second-story balcony that overlooks the tranquil water, providing a peaceful space for morning coffee or evening relaxation.
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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 29, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by RE/MAX The Woodlands & Spring | $630,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Back on the market! Get into a gated section of the prestigious neighborhood of Rock Creek for less then $700k!! Previous buyers and sellers couldn't come to agreement on final repairs, so seller took home off market and did all repairs! New windows! A/C repairs. Minor stucco repair, recent roof. Inspection report available upon request. This four-bedroom, two-and-a-half-bath sanctuary is a picture of luxury and comfort. The double front doors, exquisitely crafted from iron, open to a grand entrance, where the high ceiling and crystal chandeliers immediately set a tone of opulence. The huge windows overlooking the lake are breath-taking. Must see to believe. This home feels like a 1 1/2 story.
For privacy and convenience, the staircase to the second floor is discreetly concealed behind a door in the kitchen. Upstairs, you'll find a second-story balcony that overlooks the tranquil water, providing a peaceful space for morning coffee or evening relaxation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017