16622 Sinaloa 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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by City Group Properties | $235,000 | |
| Listed by City Group Properties | |||
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This beautifully updated residence offers modern amenities and stylish finishes throughout. It features NEW roof, NEW interior and exterior paint, NEW tile flooring, and NEW laminate. The kitchen is a showstopper with NEW quartz countertops, NEW shaker-style cabinets, NEW stainless-steel sink, NEW faucet, NEW cabinet pulls, NEW dishwasher, NEW gas range, NEW microwave, and a NEW subway tile backsplash. The bathrooms have been completely modernized with a NEW bathtub surrounded by NEW elegant tile, NEW toilets, and NEW designer mirrors. Additional updates include NEW light fixtures with energy-efficient LED bulbs, NEW ceiling fans, NEW door knobs, NEW electrical outlets and switches, and NEW fresh landscaping with a NEW fence. Don't miss this incredible opportunity to own a fully remodeled gem
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| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017