16207 Raceway Downs
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 18, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | Listed by AE Realty | $310,000 | |
| Listed by AE Realty | |||
| Nov 23, 2022 | No longer available | - | |
| No longer available | |||
| Sep 19, 2022 | Listed by OfferPad | $329,000 | |
| Listed by OfferPad | |||
| | |||
|
Well appointed Two-Story home in Retama Springs offers 4 bedroom 2.5 bath home with bonus room and separate office. Upgrades include 9' ceilings, french doors to office, ceramic tile floors, neutral colored carpet, upgraded padding, covered patio, stained privacy fence, 2" faux wood blinds, sprinkler system, in-wall pest sys. and more! Master bedroom is downstairs and bath has double sink vanity, separate tub/shower, garden tub, elongated toilets, and 36" shaver height vanity. Kitchen boasts granite counter tops, 42" upper cabinets, breakfast bar, vegetable sprayer, and water softener. The manager has listed the unit size as 2577 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017