16041 S Longcommon Lane
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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.
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 |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2023 | Listed by john greene, Realtor | $550,000 | |
| Listed by john greene, Realtor | |||
| | |||
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BETTER THAN NEW!! Elegant Santa Rosa model, just a year old, in coveted Creekside Crossing offers 4 bedrooms, 2.5 bathrooms, a flexible 1st floor office/den/creative space, a sunlit 2nd-floor loft, in a spacious 3,000+ sqft layout. Bright, Open concept home with Family Room, Formal dining and Butlers pantry invites effortless entertaining. Gourmet kitchen boasts 42" cabinets, Quartz counters, Stainless Steel appliance package, walk-in Pantry, center Island, and sun-drenched Breakfast room that leads to your spacious backyard. Vinyl plank flooring and 9' ceilings throughout main level. The Master Suite boasts dual Walk-in Closets, a luxurious Master Bath with Quartz counters and 35" dual Vanity. Additional generously sized bedrooms have ample closet space. Large Full basement awaits your finishing touches. 3-car attached garage. Enjoy extras like Smart home features, Ring doorbell, Wi-Fi smart lock, MyQ smart garage, and Wi-Fi thermostat. All Appliances included. 30 year architectural roof shingle. 10 year transferable Builder Home Warranty is included. Plainfield North HS (202) School district near Downtown Plainfield, shopping, transportation and the Rt 59 corridor.
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| Nov 5, 2023 | No longer available | - | |
| No longer available | |||
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by john greene, Realtor | $499,523 | |
| Listed by john greene, Realtor | |||
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About Plainfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017