16614 Blue Shine Trail
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 |
|---|---|---|---|
| Dec 6, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by RE/MAX Preferred Homes | $315,000 | |
| Listed by RE/MAX Preferred Homes | |||
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Lovingly cared for one-owner home located in the highly popular gated patio home section of Fairfield. This Village built home has tile flooring in the foyer, kitchen, dining room, bathrooms and laundry room. Lots of windows bring natural light into the home. Many updates done by the seller which includes new fence in 2019, carpeting replaced in 2020, new exterior paint in 2021, kitchen appliances replaced in 2022, a/c replaced in 2023, water heater replaced in 2020. The landscaping has been meticulously maintained. There is a covered side patio. Don't hesitate to call and see this beautiful home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017