16607 Cairngorm Drive
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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%.
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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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | Listed by Revilo Real Estate | $265,000 | |
| Listed by Revilo Real Estate | |||
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Great home for a family featuring 3 bedroom, 2 baths, large living room, indoor utility room. Updated bathrooms and kitchen May 2023. New items in home installed 2023: Recess lighting, all ceiling fans, bathroom and kitchen granite countertops, oven, dishwasher, water heater, backdoor, all windows, roof, HVAC, restrooms' show/tub/bath tile, light fixtures/mirrors. fresh paint throughout the home. New hardieplank siding and trim along with fresh outdoor paint.
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| Nov 28, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2022 | Listed by eXp Realty, LLC | $195,000 | |
| Listed by eXp Realty, LLC | |||
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Handyman special. Great opportunity to own this fixer upper. This home features 3 bedrooms, 2 baths, extra large living room. Come put your touch on this home and make it your dream home. The home is not located in a flood zone.
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About Glencairn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017