16031 Ashvale 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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Jan 2, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2023 | Listed by eXp Realty LLC | $494,999 | |
| Listed by eXp Realty LLC | |||
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Welcome home to this amazing 5 bedroom, 3 and a half bedroom home with a backyard oasis and NO BACK NEIGHBORS! Boasting a stunning pool and spa, pergola with ceiling fan and electricity, and tropical landscaping. This home features a custom front door, outdoor bar with Kegerator and new refrigerator, custom tropical backyard landscaping with French drain, new A/C units (2019 & 2023), six-zone irrigation system, game room, and more! This spacious home checks all of the boxes from the inside out - with a large kitchen with an island, open floor plan, and tons of natural light throughout! This home is in a convenient location near major highways, surrounded by plenty of restaurants and things to do. Schedule your showing to see this incredible home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017