16313 Severn Lane
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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 |
|---|---|---|---|
| May 30, 2023 | Sold | ||
| Sold | |||
| Apr 3, 2023 | Listed by TK Realty | $319,900 | |
| Listed by TK Realty | |||
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SELLER TO FUND BUYERS ESCROW ACCOUNT! 12 Months of Home Owners Insurance, 3 Months of Property Taxes. Enjoy your privacy with this cozy 3 bedroom, 2 bathroom home backed up to Greenbelt with easy access to 114. Kitchen features granite countertops, plentiful storage, and an island. Living home features a beautiful floor-to-ceiling fireplace. Laminate flooring in common areas and bedrooms, tile in bathrooms. New water heater installed March 2023. Out back you'll find a large enclosed, covered patio with ceiling fans and screened windows on all sides! Walking distance from neighborhood playground and swimming pool.
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Skye TX Realty Group | $299,990 | |
| Listed by Skye TX Realty Group | |||
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NWISD under $300K!! Large 3 bed 2 bath home with huge enclosed patio! Granite countertops, full sprinkler system, accent lighting, oversized patio perfect for cookouts and entertaining, and much more! Check out this kitchen with tons of storage, island, walk in pantry, and home office area. Large backyard with metal post privacy fencing backs to an open field. Just minutes away from Fort Worth with Quick access to shopping located at 114 & 35W. Come see today!
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About Rivers Edge
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14609091
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017