16406 Lobo 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 |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Listed by Coldwell Banker RealtyREALTORS | $275,000 | |
| Listed by Coldwell Banker RealtyREALTORS | |||
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Lovely home with manicured gardens and towering trees features so many updates from the Roof,HVAC,Windows to Pex Piping.Colonial style home with recent epoxy front porch welcomes you into this pretty home with wood floors in family room,recessed lighting,crown molding,new baseboard,fresh paint,and wet bar. Breakfast room updated with tile flooring,French doors added opening to the large screened-in porch. Kitchen has granite counters,breakfast bar,Gas range,walk-in pantry,pot and pan drawers and some lower pullout shelves.Study off the kitchen has tile floors, large windows; could be a 4th bedroom down if needed. Pretty Half bath with raised counter, replaced mirror, vanity, lighting,sink, toilet, Huge utility room with loads of extra storage. Wonderful Master Bedroom has 2 fabulous closets with custom built-ins, bath with recent large shower, new Quartz counter, sink, mirror, lighting. Two more Spacious bedrooms, Redone Hall bath with new jetted tub,lighting, plus more! GREAT HOME!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017