16491 FREDERICK RD
About This Property
There is evidence of a driveway to the left of the property; please park in the driveway and do not drive on the rear yard pending possible septic location. Take advantage of this unique opportunity conveniently located near restaurants and shopping at Lisbon Shopping Center. All three level public schools are minutes away as is Western Regional Park, Community Center and Library. Rt. 70 access for easy commuting. Take advantage of this special offering to build the home you've been looking for.
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Long & Foster Real Estate, Inc. | $199,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017