16108 Risley Street
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 26, 2020 | In contract | - | |
| In contract | |||
| Jun 18, 2020 | Relisted | $628,750 | |
| Relisted | |||
| May 22, 2020 | In contract | - | |
| In contract | |||
| May 15, 2020 | Listed | $619,888 | |
| Listed | |||
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2ND CHANCES... WHEN ONLY THE BEST WILL DO!! Are you looking for one of the BEST neighborhoods with the BEST tree lined street in East Whittier’s La Serna High School boundary? Look no further! 16108 Risley is YOUR FOREVER HOME! And, it’s waiting for its next family to create memories for generations to come. Greet your guest, at the front entry, and welcome them to your spacious living/dining room that features a white mantle fireplace as well as a picturesque wall of windows that overlook the neighborhood. Of course, new carpet, paint and lighting add to the beauty of this room. The galley kitchen has been updated with new quartz countertops, wood like flooring, newer appliances, a breakfast nook for a bistro table, lots of cabinet space with an attached laundry room that hosts a utility sink with a connecting half bathroom. Complete with A/C, FULL HOUSE FAN, and copper plumbing. 3rd room can used as the master bedroom with fireplace or as a den. Two additional bedrooms with new carpet and paint round out this family home along with an updated hall bathroom - this home has it all. Oh, and wait… Imagine what you can do with a spacious back covered patio and yard with an added 3rd car garage – Why not make it a kids play room? Sports viewing Room with a pool table? Family gathering room for those upcoming summer BBQ’s – with a little imagination, you can create the perfect space! Got oranges? The juiciest orange tree around… this home is ready for you! The manager has listed the unit size as 1323 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017