16115 Mendocino Drive
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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 29, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by Keller Williams Realty -SW | $207,000 | |
| Listed by Keller Williams Realty -SW | |||
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Motivated Seller!New Roof completed August 2020. Quick this home won't last long brand new flooring installed July 2020! This Amazing Two-Story Home is Located in Mission Bend Subdivision and Zoned to Fort Bend ISD. Spacious Open Floor Plan w/ Stainless- Steel Appliances and Granite Counter-tops (New Fridge is Included). Newly Installed Tile through-out 1st Floor and Brand New Wooden Fence in Back Yard Area. All Bedrooms feature Walk-In Closets and New Fixtures and Hardware. No Flooding, Fantastic Location and a great deal on this beautiful home. MUST SEE THIS BEAUTY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017