16211 Morningbrook Drive
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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.
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 24, 2025 | No longer available | - | |
| No longer available | |||
| Jan 23, 2025 | Listed by RE/MAX Compass | $560,000 | |
| Listed by RE/MAX Compass | |||
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Gorgeous custom home situated on two lots, w/ 4 bedrooms, 3.5 baths and 3-car garage w/ additional 1/2 bath & work bench. This home offers the perfect blend of luxury & comfort. Grand foyer opens to formal living & dining featuring a double fireplace. Dedicated study/office offers privacy w/French door. The heart of the home is the huge chef's kitchen which opens to the large family room & breakfast room. Custom features throughout. Luxurious primary suite & bath includes private pool access, double vanities, jetted tub, tiled shower w/triple showerheads. Large game room w/built-ins, 3 spacious bedrooms, 2 baths located upstairs. Private backyard is perfect for outdoor living w/your family, friends & pets. Heated pool/spa w/security fencing, large fenced green space, stone courtyard, outdoor shower. Extra gate provides 'behind fence' parking for boat & RV. Champion Forest amenities include exemplary schools, parks, upscale shopping nearby. Easy access to Hwy 249, 99 & Beltway 8.
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| Dec 6, 2024 | Price Decreased |
$570,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017