16263 Salmon Lane
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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by BHGRE Gary Greene | $385,000 | |
| Listed by BHGRE Gary Greene | |||
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Welcome to your new home! This Champion Forest home has it all! The owners opened up the floor plan so when you enter you will be wowed by an open living, kitchen and dining great room. The kitchen is stunning with a large island, quartz counters, and large gas range with pot filler. Perfect for entertaining, the kitchen is open to the breakfast room, dining room, and living room. The living room has beautiful windows and French doors which open to a large backyard deck, fully fenced yard with room to play, and 3-car garage. Through the living room you will find a large, private study tucked away, complete with a wall of built-ins and a storage closet. The primary suite is large and sunny, with a connected ensuite bath to relax in. The stunning wood stairs lead you upstairs to a large game room, 3 secondary bedrooms and 2 bathrooms. All rooms upstairs feature large walk-in closets, including the game room! Zoned to acclaimed Klein ISD schools; walking distance to the elementary school.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017