16402 Sinaloa Drive
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 |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by Realty Associates | $240,000 | |
| Listed by Realty Associates | |||
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Remodeled home on a corner lot effortlessly combines classic appeal with an upscale design to deliver an unforgettable experience! Its lush front yard & the extended double-wide driveway leading to a 2-car garage will catch your attention. Inside, the open floor is filled with natural light pouring in through the Arcadia doors. The wood-burning fireplace is the heart of this inviting living space! Cold-tone palette, recessed lighting, and wood-plank laminate flooring lend a calming & sophisticated touch to the overall decor, giving a sleek setup. The kitchen showcases shaker cabinetry, granite countertops, and SS appliances. Renovated bathrooms feature tile flooring & a tub/shower combo, adding to the property’s polished aesthetic. The patio creates an idyllic setting for morning coffee or alfresco dining. The expansive lawn framed by mature trees offers a perfect gathering space. Experience the excellent blend of nostalgic charm & modern living with this truly unique home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017