16603 Neumann 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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Price Increased |
$300,000
↑ $5K
(1.7%) | |
| Price Increased | |||
| Apr 23, 2024 | No longer available | - | |
| No longer available | |||
| Apr 22, 2024 | Listed by RE/MAX The Woodlands & Spring | $295,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Discover this beautifully renovated 3-bedroom, 2.5-bathroom home. A grand foyer welcomes you, leading to a spacious family room featuring new vinyl floors. The chef-inspired kitchen boasts a modern island vent, ample cabinet space, granite countertops, stainless steel appliances, and a convenient breakfast bar. Fresh paint coats the entire home, offering a clean, updated ambiance. The primary bedroom impresses with an ensuite bathroom featuring dual sinks, a garden tub, a separate shower with a new glass door, and a walk-in closet. Upstairs, you'll find the other bedrooms with brand-new carpeting. New Roof, Replaced 2024! Outside, the cozy backyard, complete with a covered porch, provides the perfect setting for year-round entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017