16420 Riverwood 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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by Baird & Warner | $450,000 | |
| Listed by Baird & Warner | |||
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HARD-TO-FIND 1st FLOOR PRIMARY BEDROOM in DESIRABLE HIDDEN RIVER SUBDIVISION with $31k+ UPDATES in LAST 2 YEARS! CRAFTSMAN STYLE BEAUTY, 9' CEILINGS, OPEN FLOOR PLAN, CUSTOM WHITE WOODWORK/DOORS, refinished HARDWOOD FLOORS, NEW CARPETING, FRESH PAINT, UPDATED KITCHEN/COFFEE BAR/GRANITE COUNTERS/SUBWAY TILE BACKSPLASH/NEW STOVE/REFRIGERATOR, WASHER & DRYER, NEW BLINDS, NEWLY SEAL-COATED DRIVEWAY & EPOXY GARAGE FLOOR. HUGE FULL BASEMENT (38X34) plus crawl space under garage for even more storage! Professionally landscaped, private backyard/patio.Close to everything: downtown Plainfield, schools, Highway 55, Route 59, Shopping/Dining, Bike/Walking Trails! HURRY! THE GOOD ONES GO QUICKLY!
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| Oct 16, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Keller Williams Infinity | $380,000 | |
| Listed by Keller Williams Infinity | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017