16042 Venango Road
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Compass | $444,000 | |
| Listed by Compass | |||
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This home is the one you have been waiting for! Located close to the 15 freeway and near the hospital with beautiful mountain views. Low maintenance landscape and split rail vinyl fence welcome you when you arrive. Entering the home you will appreciate the upgrades- which includes, flooring, tall base boards, interior doors, kitchen counter tops, back splash and appliances that stay- fridge included, primary bathroom top to bottom, led lights on dimmers and light fixtures. The garage is insulated with a mini split AC & heat system. Plenty of storage as well. Out back you will love the Covered patio with electrical outlet, lights and gas hook up, vinyl privacy fencing, RV access from the front and backyard. This 1 acre property is fully fenced perfect for adding an ADU.
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| Mar 19, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed | $300,000 | |
| Listed | |||
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Spiffy Ranch-Style Home in Upper Desert Knolls! Lovely super-clean home beautifully situated on a 1+ acre lot with views of View of the mountains and hills and the city lights just minutes from schools, shopping, restaurants and Hwy 18 in a quiet neighborhood in one of the more sought after areas in the Town of Apple Valley. Featuring 3 beds, 2 baths and 1,774 sq ft of living space, this home has been nicely updated with newer wood-look laminate flooring, carpeted bedrooms, tall baseboards and upgraded paneled doors. The formal living and dining rooms, family room and breakfast nook provide plenty of room for entertaining. The large brick fireplace makes for a nice focal point in the living room. The huge lot is cross-fenced provides both security and privacy in the rear yard. The desert-friendly rock landscaping makes for easy maintenance. Sq. Ft. not verified. Information deemed reliable, not guaranteed. The manager has listed the unit size as 1774 square feet.
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Property Highlights
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About Apple Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017