16220 Ike Ln
About This Property
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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 26, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | Listed by Redbird Realty LLC | $255,000 | |
| Listed by Redbird Realty LLC | |||
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Welcome to this inviting home in Selma, and ideally located for easy I-35 access and close proximity to Randolph AFB, the Forum, San Antonio, and New Braunfels. The open floor plan enhances spacious living areas, creating a welcoming environment for relaxation and entertainment. All bedrooms are upstairs for private retreats, and the recent deck upgrade invites outdoor enjoyment. The kitchen, with ample cabinets and a large pantry, ensures practicality and storage. With a recent vinyl and carpet flooring update, this home seamlessly combines modern amenities with a strategic location, offering a comfortable lifestyle.
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| Jul 15, 2011 | Sold | ||
| Sold | |||
| Mar 7, 2011 | Listed by Keller Williams Hill Country | $129,900 | |
| Listed by Keller Williams Hill Country | |||
| Oct 26, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017