16310 Ringlet River Trail
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 |
|---|---|---|---|
| Jul 6, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 5, 2026 | Listed by Executive Texas Realty | $374,900 | |
| Listed by Executive Texas Realty | |||
| May 17, 2026 | Price Decreased |
$374,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| May 3, 2026 | Listed by Executive Texas Realty | $379,900 | |
| Listed by Executive Texas Realty | |||
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Tastefully designed 4 bedroom 2.5 bathroom home in the master planned community of The Groves. Upgraded wood tile flooring pairs nicely with a bright kitchen. No shortage of space as living area and kitchen are on the first floor and a loft area on the second floor with all bedrooms. Come see for yourself and make this stunning house your home.
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| Jul 11, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017