16047 Highlander 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 |
|---|---|---|---|
| Sep 8, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by Redfin Corporation | $225,000 | |
| Listed by Redfin Corporation | |||
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FANTASTIC LOCATION! Don’t miss this opportunity to own this wonderful 2 bedroom / 2 full bathroom patio home in Wingate. You will love the easy access to Hwy 6, Westpark Tollway, and Westheimer which is perfect for commuting, shopping, and dining. Home features a spacious family room with an abundance of windows that welcome natural light, a dining area that opens to the patio, and a recently remodeled galley-style kitchen. Two large bedrooms in the home, and a bonus space which would make a great home office, playroom or 3rd bedroom. Newer roof shingles in part of the roof, Newer laminate flooring, renovated bathroom sinks, recent partial replacement of roof shingles, and fans in every room. 3-year-old HVAC recently replaced grass in the yard. Back and side yard is perfect for hours of family fun, George Bush Park and West Oaks Mall are just minutes away. Please be sure to view the walk-through video and schedule your private showing today.
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| Oct 12, 2020 | Sold | ||
| Sold | |||
| Sep 17, 2020 | Listed by HomeSmart Fine Properties | $154,500 | |
| Listed by HomeSmart Fine Properties | |||
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Welcome to 16047 Highlander Drive. Location can't get better than this. Just minutes away from Hwy 6 and Westpark Tollway, this home provides the convenience that most homeowners desire. Love dining out? You can find every cuisine just minutes away on Westheimer. Love nature walks and trails? This home is just minutes away from the famous George Bush Park, Bike Trail and Dog Park. Love shopping? You'll be just minutes away from West Oak Mall and many local shops. This home is move in ready!! This home features two spacious bedrooms and one office space which is being used as a bedroom. Come by for a tour today to see all the improvements including recent roof, water softener, HVAC, sewer system, fence replacement and much more! Do not miss this opportunity to own your next Home Sweet Home in an ideal location and for the ideal price!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017