16603 Surrey Lane
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2023 | Listed by Elite Texas Properties | $369,900 | |
| Listed by Elite Texas Properties | |||
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A lovely 4 bed/2 bath home that sits on one acre in highly sought after Stagecoach. This property has two owned propane tanks, extra parking for boats, cars, or travel trailer, two entrances to property, a beautiful iron entrance gate, it's fully fenced, has two tiered deck! A beautiful country property in a peaceful subdivision where the homes are spread out beautifully.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017