16118 Manor Point 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%.
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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 |
|---|---|---|---|
| Nov 17, 2021 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by Texas American Realty | $205,000 | |
| Listed by Texas American Realty | |||
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Charming one-story home with tons of natural light located on cul-de-sac lot in Copperfield. Gated access to the front door allows additional security as well as privacy and side yard should the pets needs a little more room to roam. $60,000 in interior renovations! New cabinets and granite counters in the kitchen. New flooring and fresh paint throughout. The second bedroom has a private courtyard only accessible from inside the bedroom. It makes the perfect place for your guests to have their morning coffee. The current owner used the third bedroom for a study. The kitchen and dining room overlook the private backyard with patio, French drains, and a newly built wall. Washer and dryer will stay with the home. Call for your appointment today as this property won’t last long.
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About Copperfield Northmead Village
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$2,050 /mo
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$3,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017