16418 Dover Mills Drive
About This Property
The home boasts an open floor plan, making it ideal for entertaining or everyday living. A wood-burning fireplace anchors the living room while the modern kitchen is equipped with stainless appliances, ample cabinetry, and granite countertops.The spacious primary bedroom offers a private retreat, with an en-suite bathroom featuring double vanities, a soaking tub, separate shower and walk-in closet.
Step outside to enjoy the expansive backyard, perfect for outdoor activities, gardening, or simply unwinding in the fresh air. This home combines modern amenities with a serene setting, making it a true gem in this charming community.
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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, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Listed by Keller Williams Advantage Realty | $325,000 | |
| Listed by Keller Williams Advantage Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017