16406 Paralee CV
About This Property
The heart of the home is a welcoming living area, ideal for relaxing with family or entertaining guests. The well-appointed kitchen boasts modern appliances, ample storage, and the refrigerator conveys. The adjacent dining area is bathed in natural light, creating a warm and inviting atmosphere for enjoying meals.
The master bedroom offers a peaceful retreat, complete with a private ensuite bathroom with granite counters, dual sinks, soaking tub and a huge closet. Three additional bedrooms provide plenty of room for family, guests, or hobbies. Outside, the backyard has a private covered patio surrounded by tall trees with a large shed for storage or workshop.
Located in a great neighborhood known for its sense of community and convenient location, this home offers the perfect blend of comfort, convenience, and charm. Walking distance from parks and trails. Don't miss your chance to make this lovely home your own!
Home has brand new roof, gutters, paint, flooring, skylights, blinds, fresh landscaping and new solar screens will be installed next week.
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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 |
|---|---|---|---|
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Mar 2, 2024 | Price Decreased |
$672,000
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Feb 16, 2024 | Listed by Response Realty Advisors, LLC | $674,000 | |
| Listed by Response Realty Advisors, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017