16250 Black Falcon Road
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 |
|---|---|---|---|
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Jun 18, 2022 | Listed by FYI Realty-Katy | $1,245,000 | |
| Listed by FYI Realty-Katy | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Wendy Cline Properties Group | $1,400,000 | |
| Listed by Wendy Cline Properties Group | |||
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This Resort Style 5,399 sq.ft. Home sits on 5.5+ Acres - 4 Beds, 4 Full Baths, 2 ½ Baths & a 3,700 sq.ft. 4½ Car Garage/2 Car Carport & ¾ Acre Pond! Foundation was built w/Rebar & Post tension slab, perfectly insulated w/spray foam, Pella triple-glass windows +triple deadbolt doors, 2 NEW A/C Units & a NEW Hurricane-Proof Roof in May 2020. Tile & Hardwood floors, crown molding & lots of builtins. A Chef Style Kitchen w/Commercial Viking Gas Appliances, Granite counters, custom cabinets, a built-in Refrigerator/Freezer & a Scratchless deep sink. Upstairs Gameroom has amazing views off the balcony! Master Retreat boasts a Jetted lit tub for 2, a walk-through shower w/4 jets, a hand wand & rain shower, a walk-in closet + a double sided fireplace! A Phenomenal Outdoor Kitchen w/a Covered Patio & stained ceilings w/recessed lights & high-end appliances. Perfect for Entertaining! EXTRAS: Generac® Home Generator, (2)Fresh Air Units & 1000g Propane tank! NO HOA/MUD FEES! FEATURES ATTACHED!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017