16627 Orchid Mist 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%.
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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 |
|---|---|---|---|
| Apr 23, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by Keller Williams Professionals | $450,000 | |
| Listed by Keller Williams Professionals | |||
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Beautifully maintained home located in the Master Planned Community of Fairfield. This floorplan has it all, private study with double doors off the foyer with a sweeping staircase and private formal dining room. An expansive family room opens into the kitchen with granite countertops and a breakfast bar perfect for entertaining. The master suite features dual vanities, a separate tub and shower, and an oversized closet with direct access to the laundry room. Upstairs you will find an extra-large game room, theater room, 2 bedrooms share a bathroom with double sinks, and another bedroom with an en-suite bathroom for your guest. Continue outside to your private covered back patio. Your garage is oversized and features custom epoxy flooring. Zoned to highly sought-after CFISD schools including the new Bridgeland High School and a quick minute's drive to the Grand Parkway for an easy commute. Never flooded in Fairfield!
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| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 28, 2021 | Listed by Styled Real Estate | $375,000 | |
| Listed by Styled Real Estate | |||
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This M/I builders Triumph home catches your eye the second you pull in the driveway. Enter your new home and notice tall ceilings with a circular staircase. To your right is your home office with pitched ceiling and wood floors. Continue through your entry way and your formal dining room in on the right. Your open concept kitchen opens nicely to your large living area. Your primary bedroom + ensuite features dual vanities, separate tub and shower + large walk in closet with access to the utility room. Continue upstairs to your game room + tiered level media room. Three additional guest beds + 2 baths complete the second floor. Continue outside to your covered back patio. Your garage is oversized and features custom epoxy flooring. Don't miss out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017