16661 Edge Gate Drive
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 |
|---|---|---|---|
| Feb 20, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $885,000 | |
| Listed | |||
| | |||
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Stunning William Lyons home with over $150,000 spent on amazing Infinity Pool & Spa,3 water falls, slide & Rock Formation Plus Over $400,000 for Hardscape on this 1.48 Acre Property with master crafted wrought iron fence surrounding property with an electronic gate, covered Gas BBQ station , front & back yard ponds, two outdoor gas-fire pits; two cabanas, walkways and steps, sand area for volley ball, life size chess board and more. High end palm trees and to top it off a must see view of South Riverside County! Lots of Room with 4,262 Square Feet on 1.48 Acre Lot. 4Bd /4ba, Exercise Room, Theater Room & Loft, Formal Dining Room & Separate Sitting Room next to Dining Room. The inside of this gorgeous home features high-end Travertine tile flooring through-out, High end wood laminate floors, massive entertainers kitchen featuring high-end Jenn-Air stainless steel appliances with built-in refrigerator, granite counter-tops, large built-in entertainment unit and wet-bar in the living room; upgraded sound system; central-air, central vacuum system, wood shutters and all the right upgrades throughout. The manager has listed the unit size as 4262 square feet.
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| Aug 1, 2017 | Listed by KELLER WILLIAMS RIVERSIDE CENT | $850,000 | |
| Listed by KELLER WILLIAMS RIVERSIDE CENT | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017