16538 Old Saybrook 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | No longer available | - | |
| No longer available | |||
| Apr 5, 2024 | Listed by Expertise Realty Group LLC | $355,000 | |
| Listed by Expertise Realty Group LLC | |||
| | |||
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Welcome to this breathtaking 4-bed, 3.5-bath home, a testament to meticulous care and love by the original owners. From the moment you step through the door, you're enveloped in an ambiance of warmth and welcome that radiates throughout the open and airy layout. Sunlight dances through expansive windows, illuminating the elegant living spaces and casting a serene glow over the 42" kitchen cabinets, and a charming island. The home’s thoughtful design ensures that every corner is utilized to its fullest potential. 1st fl hosts a versatile bed that doubles as a private office, perfect for today's hybrid lifestyle. Ascend to the 2nd fl to discover the oversized primary suite, two additional cozy bedrooms, and a vibrant game room, promising endless moments of laughter and relaxation. Step outside where a paver patio sets the stage for memorable gatherings, it's a canvas for your life's most precious moments. Schedule your private showing today and come closer to finding your dream home
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| Mar 6, 2024 | Price Decreased |
$365,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017