16447 Ash Point Lane
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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%.
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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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| May 7, 2021 | Listed by eXp Realty, LLC | $279,000 | |
| Listed by eXp Realty, LLC | |||
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Your modern farmhouse in the highly sought-after Sugar Land area awaits at 16447 Ash Point. This gorgeous 2-story home has been exquisitely upgraded with so many stunning interior finishes and unique features that will make you fall in love instantly. Sellers thoughtfully designed and spared no expenses to upgrade this home to maximize livability, functionality and add a touch of modern luxury to every corner. This home boasts 4 beds, 2.5 baths, a dedicated home office, AND a flex space on the first floor! Beautiful wood flooring in flex room, home office, and the entire 2nd floor. Open-concept floor plan with a spacious kitchen opening up to the living room that's centered by a stunning stone fireplace. Custom barn doors in flex room and powder room, brand-new bathroom vanities and light fixtures, shiplap walls, new kitchen appliances, new trims and upgraded switches throughout the house, the list of upgrades goes on. Extended covered patio with a huge backyard and NO back neighbors.
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| Jul 24, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by BHGRE Gary Greene | $260,000 | |
| Listed by BHGRE Gary Greene | |||
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This home has been meticulously maintained by original owners. The kitchen updates include white painted cabinets, stainless steel appliances, granite counter tops with an under mount double sink. The grey toned island contrasts nicely. Tile flooring extends from the foyer through the hall, kitchen, breakfast area and family room. The stacked stone fireplace makes a grand focal point in the family room. Off of the family room is a spacious covered patio where you will spend lots of time. This large area accommodates plenty of furniture. Facing South/East means that you get afternoon shade. With no back neighbors, you can escape through a back gate to walk to the park, or bike to the highly rated FBISD Austin High School. The master bedroom has high ceilings, ample closet space and updates in the bathroom as well. If you are in no rush to go to the movies, this home has a media room. If you need an extra bedroom, there is a window and a closet. New roof installed 4/2020
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About Village of Oak Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017