16039 Sugar Tree Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | Listed by Douglas Elliman Real Estate | $285,500 | |
| Listed by Douglas Elliman Real Estate | |||
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This abode boasts with three bedrooms and two modernized baths. With recent upgrades, it's readily available for occupancy. The exquisite custom mantle is a must-see, complemented by fresh paint, a new roof, and a 3-year-old AC unit. Adding to its appeal is a picturesque back patio, a homeowner's dream, measuring 18x28 and complete with an outdoor kitchen. Furthermore, the fridge is included in the lease. Enjoy tranquility with no rear neighbors and easy access to walking trails via the back gate. This gem has a spotless record and won't linger on the market for long. The carpet was just replaced, and the house was repainted. Please schedule a private showing!
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| Dec 31, 2020 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by FYI Realty-Katy | $230,000 | |
| Listed by FYI Realty-Katy | |||
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This home has it all, 3 bedroom 2 bath. Lots of updates, Ready to move in. Check out the custom mantle. Fresh paint, New roof, AC 1 yr old. Plus a dream back patio that you simply must see 18x 28 with an Outdoor Kitchen. Not to mention the Refrigerator and the washer and dryer stay. No Back neighbors and walking trails right out your back gate. Never flooded. This home wont last long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017