16515 Canario Drive
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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 27, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | Listed by RE/MAX Signature | $317,500 | |
| Listed by RE/MAX Signature | |||
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Estate sale and the home shows pretty darn good. Priced to sell and better hurry. Popular General Homes two story floorplan with the primary bedroom downstairs and three guest bedrooms up. The large guest bedroom was designed to be a bedroom or spacious game room. The floorplan consists of both formals with the large family room and den downstairs and the optional game room up. Plantation shutters. Updated insulated double-paned windows. Garden tub and separate glass shower in the primary bath. The kitchen and primary bath partially updated. Kitchen cabinets look very nice and seem to be updated. Granite counters in bath. Silestone counters in kitchen. Sprinkler system. Pex plumbing lines recently installed in the attic. The home shows quite nice.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017