16615 Water Oak 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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by LPT Realty, LLC | $367,500 | |
| Listed by LPT Realty, LLC | |||
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Nestled in the picturesque country home close to the city, this charming country home boasts five spacious bedrooms, offering ample space for relaxation and privacy. With three and a half bathrooms, comfort and convenience for the entire family. The property features a three-car garage plus a 4th bonus garage for the lawn equipment, for motorsports, parking and storage. The veranda, adorned for your beautiful flowers, invites you to unwind and enjoy the tranquil porch. Additional outdoor space with over an acre of land, perfect for entertaining guests or simply enjoying family fun.
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| Nov 30, 2023 | Sold | ||
| Sold | |||
| Jul 3, 2023 | Listed by LPT Realty, LLC | $397,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
Nestled in the picturesque country home close to the city, this charming country home boasts five spacious bedrooms, offering ample space for relaxation and privacy. With three and a half bathrooms, comfort and convenience are for the entire family. The property features a three-car garage plus a 4th bonus garage for the lawn equipment for motorsports or parking and storage. The veranda, adorned for your beautiful flowers, invites you to unwind and enjoy the tranquil porch. Additional outdoor space with over an acre of land, perfect for entertaining guests or simply enjoying family fun.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017