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16690 Sorrel Way
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 16, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by KW Bay Area Estates | $1,299,000 | |
| Listed by KW Bay Area Estates | |||
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Aug 22, 2022 | Listed by Compass | $1,100,000 | |
| Listed by Compass | |||
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Have you been looking for the perfect Morgan Hill home close to JAMM - Jackson Academy of Music & Math? Look no further. This 4 bed, 2 1/2 bath home plus a loft, will stop you in your tracks. The newly updated kitchen with new soft close cabinets, quartz countertops, stainless appliances, wood look laminate flooring and fresh paint is a designers dream. Improvements include new kitchen, new flooring, new range, fresh paint inside and out, new landscaping, new carpet, solar, whole house fan, ceiling fans, covered patio, RV parking with power, and lots of garage storage. All this and more!! Don't miss this one.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017