16123 Cherryshire 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 |
|---|---|---|---|
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by City Insight Houston | $359,900 | |
| Listed by City Insight Houston | |||
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WELCOME HOME! 2 story home features spacious 4 bedrooms, 3 and a half baths with a pool. Spacious den features fireplace, kitchen with breakfast area and all brand new stainless steel appliances. The master suite entails a garden tub, separate shower, 2 sinks and ample closet space. Utility Room inside house, back yard with deck/patio, fully fenced, pool with gorgeous brick fountain. This neighborhood is conveniently close to retail stores, hospitals, restaurants and parks. Only minutes to Highway 6, FM 1464 and Westpark Tollway. THIS HOME HAS NEVER FLOODED.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017