16643 E Rice Cir
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by RE/MAX Professionals | $450,000 | |
| Listed by RE/MAX Professionals | |||
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Opportunity Is Knocking! This is your chance to put in sweat equity in a great neighborhood with no HOA and within the Cherry Creek School District. The main level is open and has 3 bedrooms and 2 bathrooms as well as a family room, living room, dining room and kitchen. The basement has a large family room and additional bathroom. The large backyard is a blank canvas ready for landscaping. This home is located near parks, shopping, numerous restaurants and coffee shops.
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| May 1, 2007 | Sold | ||
| Sold | |||
| Jul 28, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017