16510 Mesa Point 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 |
|---|---|---|---|
| Oct 10, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | Listed by HomeSmart | $340,000 | |
| Listed by HomeSmart | |||
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Welcome to 16510 Mesa Point in the sought after Stone Gate subdivision! This beautiful home features 3 bedrooms, and 2 bathroom! . This property has a spacious living that is open to the eat in kitchen and has tons of cabinet and counter space! A brand new AC, Stainless steel appliances, an extended covered patio, an large backyard, wood flooring, and new carpet are all other bonuses in this amazing home! Sitting just minutes from 290 Highway 6, this property is conveniently located! Schedule your tour today!
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About Stone Gate
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,050 /mo
- 3 Beds
- 2 Baths
- 1,854 ft²
$2,500 /mo
- 4 Beds
- 3 Baths
- 2,350 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017