16631 Creek Trl Trail
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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 |
|---|---|---|---|
| Aug 23, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Venture Realty | $240,000 | |
| Listed by Venture Realty | |||
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Immediate equity for a handyman/handywoman or investor! This home has great bones and a great location - needs some updating. Lots of extras including crown molding in the living/dining rooms and large walk in closets in all bedrooms. No back neighbors! Roof replaced in 2020. The home is owned by a real estate holding company and will be offered at this price for a short time prior to rehab. NEVER FLOODED. The neighborhood offers a swimming pool, tennis courts, playground, clubhouse, and sidewalks. Popular Cy-Fair schools. Close to the Grand Parkway, 290 and the energy corridor. Hurry! This home, at this price, in this neighborhood will go fast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017