16603 Old Stable Rd
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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Sep 28, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Price Decreased |
$479,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Aug 30, 2025 | Listed by Keller Williams Legacy | $489,900 | |
| Listed by Keller Williams Legacy | |||
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This stunning move-in ready home in a fantastic location! Sitting on a corner lot with incredible curb appeal, this beautiful property features a side entry garage, a charming front sitting porch, and an inviting inground pool perfect for summer gatherings. The open floor plan is filled with natural light throughout and welcoming atmosphere. The spacious primary suite is conveniently located on the main floor, while upstairs you'll find four large bedrooms and an oversized game room loft, ideal for family fun or entertaining guests. Located within walking distance to Redland Elementary and just a short 5-minute drive to Great Hearts Northern Oaks, Loop 1604, Hwy. 281, as well as major shopping and dining options. This spacious home offers plenty of indoor and outdoor space for relaxing, entertaining, and making memories. Don't miss your chance to make this wonderful home yours, schedule your showing today and see it for yourself!
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| Mar 2, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017