16119 Birchview 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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Relisted | $559,900 | |
| Relisted | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Keller Williams Realty Professionals | $559,900 | |
| Listed by Keller Williams Realty Professionals | |||
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Rates are lower! Time to buy is now! Welcome to 16119 Birchview Dr, located in the desirable Lakewood Grove community! This beautifully updated 5-bedroom, 3.5-bath home showcases modern elegance throughout. Every inch of this home has been meticulously renovated, featuring an open floor plan with new flooring, fresh paint, and stylish fixtures. The gourmet kitchen boasts quartz countertops, stainless steel appliances, and a large island, perfect for entertaining. The spacious living area is highlighted by a cozy updated fireplace and abundant natural light. The primary suite is a luxurious retreat with a recent remodeled en-suite bath, including a soaking tub, frameless glass shower. Four additional bedrooms provide plenty of space for family, office or even a gym. Step outside to a private backyard oasis stunning pool/spa combo, ideal for outdoor gatherings. Enjoy the convenience of nearby parks, top-rated Tomball schools, and community amenities. This turnkey home is ready for you!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017