16619 Red Gully Drive
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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 |
|---|---|---|---|
| May 6, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Keller Williams Realty -SW | $195,000 | |
| Listed by Keller Williams Realty -SW | |||
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Cute property with 3 bedrooms and 2 full baths. Nice floor plan with stainless steel appliances. Updated with granite counter top in kitchen, new vanities in bathrooms, new paint! Great location, easy access to Highway 6, 90 and 59. Great schools. Laminated floor in all rooms. Tiles in kitchen and all bathrooms. Large yard! Nice neighborhood! Please call for more info. Thank you!
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Property Highlights
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About Pheasant Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017