16635 SALTGRASS
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 18, 2014 | Sold | ||
| Sold | |||
| Nov 14, 2013 | Listed by Home Team of America | $69,000 | |
| Listed by Home Team of America | |||
| | |||
|
No showings till further notice!! Offer received and working on Short Sale Process"Great Home in a great location, Open floor plan with High ceilings, light ceramic tile floors and carpet in the bedrooms, Location is perfect with easy access to 1604 and I-35. Being sold "as is" seller will make no repairs. Call for a showing appointment NOW!
| |||
| Oct 30, 2006 | Sold | ||
| Sold | |||
| Oct 1, 2006 | Listed by Alamo Premier Real Estate | $89,900 | |
| Listed by Alamo Premier Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017