16640 W Adobe Drive #16640
About This Property
The manager has listed the unit size as 934 square feet.
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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 |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | Listed | $235,000 | |
| Listed | |||
| | |||
|
Beautiful ranch style townhome. Attractive open floor plan. Totally updated in 2018/2019 with cathedral ceilings in LR/Kitchen. Brand new kitchen cabinets with quartz countertop, backsplash and SS appliances. Pergo flooring throughout. Two patio doors leading to back yard with patio to enjoy the outdoors. Totally updated bathrooms. Upgraded light fixtures. Freshly painted. Super-low assessments. Nothing to do. Just enjoy! Washer and dryer not included
| |||
| May 14, 2023 | No longer available | - | |
| No longer available | |||
| Apr 11, 2023 | Listed | $225,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/29/2024
|
2 Bed
|
2 Bath
|
934 ft²
|
$235,000
2 Bed
2 Bath
934 ft²
|
$225,000
-4.26%
03/21/2024
|
Irena Soprych
RE/MAX 10 in the Park
| |
|
04/11/2023
|
2 Bed
|
1.5 Bath
|
934 ft²
|
$225,000
2 Bed
1.5 Bath
934 ft²
|
-
-
|
Irena Soprych
RE/MAX 10 in the Park
| |
|
06/26/2017
| |
2 Bed
|
2 Bath
|
934 ft²
|
$135,000
2 Bed
2 Bath
934 ft²
|
$130,000
-3.70%
09/12/2017
|
Vickie McClusky
Keller Williams Preferred Rlty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017