16377 Many Trees 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 |
|---|---|---|---|
| Jun 7, 2021 | Sold | ||
| Sold | |||
| May 7, 2021 | Listed by Realty ONE Group Iconic | $199,900 | |
| Listed by Realty ONE Group Iconic | |||
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Beautifully updated, immaculate home located just off 242 @ 1314. Excellent location to local shopping, yet still quiet and peaceful. Kitchen has granite counter tops with a gorgeous subway tile backsplash and stainless steel appliances. The house has an open floor plan that flows nicely. Primary bedroom has privacy from secondary bedrooms. Both bathrooms have been updated with the primary bath boasting a huge walk-in shower! A covered back patio completes the home with plenty of backyard space and large storage shed. HVAC replaced 2020.
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About Summerset Estates
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Last Updated: 5 months ago
Data Source: HAR , MLS# 26947456
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017