16636 Tava Lane
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 |
|---|---|---|---|
| Nov 18, 2019 | Sold | ||
| Sold | |||
| Sep 18, 2019 | Listed by United Real Estate Pacific States | $470,000 | |
| Listed by United Real Estate Pacific States | |||
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Contingent sale, seller has already identified the home they want. Horse property with pool. Newly remodeled kitchen, granite tops with island, all recess lighting, all rooms have fans. New french doors that lead out to the pool, new 32x16 chicken coop that will stay if buyer wants it. Living room lights and ceiling fans on smart switches so you can use your Google home device or Alexa to turn on, off or dim your lights. Living room has built in custom cabinets for storage. Living room has vaulted ceilings with chimney. Large concrete patio, patio cover approximately 16x32 (buyer to verify). 30 plus fruit trees ranging from Avocado, Citrus and Mango. Newly updated automatic sprinklers for front and backyard (not for trees). Brand new, easy removable child protection fence around the pool. Updated windows with transferable double lifetime warranty. New NEST thermostat. All door and door frames in the house are new.
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| Aug 29, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by KELLER WILLIAMS REALTY NORCO | $435,000 | |
| Listed by KELLER WILLIAMS REALTY NORCO | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017