16558 County Road 221
About This Property
You will love this 4 bedroom, 2 full bath, 2 patio, 1 study gem with a 2 car garage in a nice and quiet neighborhood. Top rated innovative schools close by. Entertain easily in the spacious living room with a charming wood-burning fireplace with brick surround. Kitchen is open to the living room and features a thoughtful island, ample cabinetry, and great countertop space. The calming primary bedroom offers open space that leads to the ensuite bath featuring a relaxing garden tub with a separate shower. Step through the door to your own personal patio. Best of all the property sits on 1.5 acres with enough trees to enjoy the summer air.
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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 |
|---|---|---|---|
| May 27, 2021 | Sold | ||
| Sold | |||
| Apr 21, 2021 | Listed by Exalt Realty | $364,990 | |
| Listed by Exalt Realty | |||
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Welcome home!
You will love this 4 bedroom, 2 full bath, 2 patio, 1 study gem with a 2 car garage in a nice and quiet neighborhood. Top rated innovative schools close by. Entertain easily in the spacious living room with a charming wood-burning fireplace with brick surround. Kitchen is open to the living room and features a thoughtful island, ample cabinetry, and great countertop space. The calming primary bedroom offers open space that leads to the ensuite bath featuring a relaxing garden tub with a separate shower. Step through the door to your own personal patio. Best of all the property sits on 1.5 acres with enough trees to enjoy the summer air.
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About Lakehurst Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017