16327 Cimmaron Drive
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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%.
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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 |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Dec 6, 2021 | Listed by Keller Williams Premier Realty | $653,000 | |
| Listed by Keller Williams Premier Realty | |||
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Beautiful Home on over an acre lot in Stagecoach, Texas filled with wildlife, trees, parks and picturesque lakes. Pictures are of a previous construction for the same model that will have similar finishes. Spacious 3400 sf Home on 1.23 acre property will feature Quartz Countertops, stone/porcelain Backsplash, Island Kitchen, Stainless Steel Appliances, Stainless Vent Hood, Hard surface and Carpeted floors with an oversized Garage. Incorporated subdivision has its own police patrol, subdivision lakes and parks. Canoes, Kayaks and Trolling Motors are allowed on lake. Convenient to Tomball, Magnolia, Hwy 249 and Grand Parkway 99. All information including dimensions to be independently verified.
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| Jul 21, 2021 | Sold | ||
| Sold | |||
| May 22, 2021 | Listed by eXp Realty, LLC | $70,000 | |
| Listed by eXp Realty, LLC | |||
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Just outside the chaos of the big city but still close enough to commute. Has water needs septic. Local lake for fishing and relaxing. Lots of natural wildlife, all kinds of trees. The adjacent property with the home is coming soon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017