16603 Ben Nevis 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 |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2023 | Listed by Flash Realty Solutions | $259,900 | |
| Listed by Flash Realty Solutions | |||
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Fully updated one-story in the well-established community of Glencairn. Great floor plan features 3 spacious bedrooms, 2 full bathrooms and a formal dining room. Completely updated kitchen with stainless steel appliances, new electric cooktop, quartz countertops, and updated cabinets with new pulls. This property has a new ROOF that was put on 90~ days ago. Zoned to highly acclaimed CFISD. Easy access to Hwy 6, Hwy 290, Beltway 8 and I-10.
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| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Compass RE Texas, LLC | $175,000 | |
| Listed by Compass RE Texas, LLC | |||
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Buyer will need to purchase a new survey if required. Room measurements are approximate and buyers responsibility to confirm. Offer submission instructions online. Send proof of funds with all offers.
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Property Highlights
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About Glencairn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017