16515 Mandate 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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2023 | Listed by Keller Williams RealtyNortheast | $265,000 | |
| Listed by Keller Williams RealtyNortheast | |||
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Welcome to 16515 Mandate located in Rancho Verde. This stunning 3 bedroom, 2 story home has been meticulously maintained both inside and out. As you enter the home you will be greeted by high ceilings in the foyer and a spacious living room with two ceiling fans, tile flooring and an open floor plan that flows nicely into the kitchen and dining room. The kitchen offers ample counter space and plenty of cabinetry and is fully equipped with stainless steel appliances including a refrigerator. The sizeable primary bedroom offers an en-suite bath with separate tub and shower and a large walk in closet. The spacious backyard is perfect for relaxation, play, and entertaining. Don't miss the opportunity to make this house your dream home! Located just minutes away from shopping, restaurants, and freeways. No carpet in the house.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017