16611 Cairngorm 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 13, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2020 | Listed by JEA Properties | $188,888 | |
| Listed by JEA Properties | |||
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Welcome to this beautifully remodeled 4 bedroom home zoned to Katy ISD schools. No flooding here. Porcelain wood like tile and slate throughout, soothing modern gray paint colors, professionally landscaped tropical backyard with relaxing Flagstone back patio, easy maintenance pond with waterfall, treehouse for kids, indoor laundry room, extra storage room in garage, Solar panels, wood burning fireplace, no carpet throughout, walk-in closets, beautiful vaulted ceiling with exposed beam in spacious family room, formal dining and breakfast room, newly remodeled kitchen and baths, brand new AC (2019), entire house re-piped (2019), all brand new double paned windows in entire home, brand new water heater (2019), Saltillo tile on large front porch, new roof (October 25,2020). Security system with high end cameras all stays. Make Appt today.
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About Glencairn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017