16500 Highway 14
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 |
|---|---|---|---|
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Feb 10, 2021 | Listed by Berkshire Hathaway HomeServices Rocky Mountain, REALTORS | $312,500 | |
| Listed by Berkshire Hathaway HomeServices Rocky Mountain, REALTORS | |||
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BACK ON THE MARKET AFTER BUYER FINANCING FELL THROUGH. $20,000+ WORTH OF UPDATES TO THIS HOME SINCE LAST PURCHASED! SELLER INVESTED $5000 IN CUSTOM WINDOWS LAST YEAR, NEW ROOF, NEW CARPET AND PAINT 2 YEARS AGO. STUNNING BRICK HOME ON ALMOST 3 1/2 ACRES 5 MIN FROM STERLING. This home features: large open great room flooded with natural light, cozy fireplace with option for wood stove, open floor plan with eat in kitchen and stainless appliances, large full bath with jet tub and oversize vanity, quaint entry/office area, spacious rooms with large windows. Possibility for 3rd bedroom if Garage was finished out. On the outside...possibilities are endless. The home sits far off Highway 14 with a long driveway and has plenty of space for your dream shop. A minimal maintenance property with mature trees, brick siding, and new dry scaping. Parking for RVs, boats, toys.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017