16402 Rocky Point Ln
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%.
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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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Your Castle Real Estate Inc | $2,475,000 | |
| Listed by Your Castle Real Estate Inc | |||
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Captivating views from one of the premier houses on one of the best streets in coveted Willow Springs near Red Rocks Country Club. This house is located at the end of a cul-de-sac on a 3/4 acre lot with a beautifully maintained, flat yard with natural red rocks. This house is a WOW from the moment you walk through the new beautiful front doors and look out through the back windows. There are panoramic views from almost every window. Almost no surface was left untouched when the current owners upgraded and remodeled this already fantastic house in 2018. They installed a new kitchen with gorgeous appliances including a 6 burner Viking gas cooktop, double ovens, a Bosch dishwasher, leathered granite counters and hardwood floors Each bathroom was upgraded with spa like features. The custom closet is one of a kind and truly compelling. The family room is open to the kitchen and the newly built deck. They retextured and painted walls, redid the landscaping, and made this into a smart home. The main floor owners' retreat is luxurious and spacious. Enjoy the double-sided fireplace between the bedroom and the bathroom. You will also find a perfect office with tons of built-ins on the main floor. Even the powder room is appointed exquisitely. Guests or kids will have their own space in the walk out basement that sports a huge game area, wet bar and three more bedrooms. The wine cellar is perfect for your wine collection and even has a sitting room in front of which can be used as a wine tasting room or a kids play area. This is a magical neighborhood with over 800 acres of private open space trails for hiking, biking and horseback riding. Red Rocks Country Club golf course meanders through the neighborhood and there are memberships available. The club has an 18-hole championship golf course, swimming pools, casual and formal dining rooms, kids' camps and a stocked fishing lake. This is a property not to be missed.
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| Oct 9, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017