16319 Deer Lick Drive
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Listed by ABSOLUTE Realty Group Inc. | $210,000 | |
| Listed by ABSOLUTE Realty Group Inc. | |||
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MULTIPLE OFFERS. HIGHEST AND BEST BY 10-29 @ 12PM. Welcome to beautiful one-story, 3-bed, 2 full bath home in the quiet neighborhood of North Forest. Home features mainly brick exterior. Family room has high, vaulted ceiling with wood designs, while kitchen has tray ceiling, hanging pendant lights, and a double oven and cooktop. Home has recent fresh paint, and updated wood vinyl planks throughout. Home has ceiling fans in multiple rooms. Home is completely with a covered patio for the outdoors. Convenient access to I-45 and FM-1960, with many retails nearby, and a low-tax rate!
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| Sep 12, 2024 | No longer available | - | |
| No longer available | |||
| Aug 18, 2024 | Price Decreased |
$225,000
↓ $10K
(4.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017