16318 Bourrelet Way
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 31, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by RE/MAX ONE - Premier | $349,999 | |
| Listed by RE/MAX ONE - Premier | |||
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Welcome to your dream home! Nestled on a tranquil cul-de-sac, this spacious 4-bedroom, 2-bathroom residence offers the perfect blend of comfort and luxury. With its expansive layout and premium outdoor amenities, this home is designed for both relaxation and entertainment. Recent updates include updated primary bathroom, flooring, paint, outdoor pool outhouse, covered back patio. Backyard oasis is ready for entertaining with a large cul-de-sac lot. Located in the Newport Subdivision, a Master planned community, with Lots of Great Amenities. Community Pool, Tennis Courts, Gym, Private Lake and River Access, Parks, Walking Trails, Splash Pads, 18 Hole Golf Course, Pro Shop and Stonebridge Country Club make this house the perfect place to call home. Call for your private tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017