16417 Marsh Lane
About This Property
Discover the perfect blend of style and sophistication with 42" boulder-colored shaker cabinets, pristine Quartz countertops, and a striking Stone Mosaic backsplash. The 6" x 36" natural wood-look plank tile extends through the main living areas and laundry room, paired with soft, neutral carpeting. All of this is featured in our exclusive Bold Sophistication Package.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Price Decreased |
$435,590
↓ $25K
(5.4%) | |
| Price Decreased | |||
| Sep 7, 2024 | Price Decreased |
$460,590
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Aug 28, 2024 | Listed by Meritage Homes of Florida Real | $480,590 | |
| Listed by Meritage Homes of Florida Real | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
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$2,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017