16611 Ben Ledi 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 |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by CB&A, Realtors-Katy | $225,000 | |
| Listed by CB&A, Realtors-Katy | |||
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Come see this great 3 bedroom, 2 bath single story home in the popular Glencairn neighborhood surrounded by gorgeous shade trees! The house is all brick with a recently replaced fence. The property was completely renovated in 2019 including all new floors (tile in kitchen/vinyl plank flooring elsewhere except primary/guest bath), all new doors and hardware, new kitchen/wet bar cabinetry, new kitchen/wet bar granite countertops, new garage door opener, all stainless steel appliances, water heater (2019), fully painted interior, new light fixtures including ceiling fans in den and all bedrooms. You’re going to love this home. Well-maintained! Zoned to Cy-Fair ISD!
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About Glencairn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017