16232 Citrustree Road
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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 |
|---|---|---|---|
| Feb 12, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $639,900 | |
| Listed | |||
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Location, Location, Location... Gorgeous, remodeled single level home is ready for you! You will love this ranch style home w/stunning curb appeal on prime corner lot! Boasting 3 bedrooms & 3 bathrooms, Contemporary floor plan with elegant wood flooring throughout. Tons of dual pane windows & is light & bright!! Country kitchen has been remodeled w/granite counter top, chic white cabinets, built in gas stove top & breakfast counter! Kitchen opens up to the formal dining space. Living room w/elegantly designed fireplace, crown molding & recessed lights! Grand master suite w/dual closets, inc. a walk-in & remodeled bathroom w/soaking tub! Direct access to lush backyard offering a covered patio, California room... Great for entertaining! Remaining bedrooms are abundant in size & share a full size remodeled hallway bath. You also have an additional 3/4 bath for guests. Two car detached garage & over sized driveway for extra parking! More upgrades include, Dual pane windows & doors, Glass etched front entry door, Central heating/air, Recessed lighting, Crown molding, convenient indoor Laundry room & so much more! On top of it all, Located in the prestigious Lowell Joint School District & Centrally located near dining, entertainment, shopping & the best schools! Don't miss the opportunity to own this beautiful home. This one will not last!! The manager has listed the unit size as 1820 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017