16706 Espinosa Drive
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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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Keller Williams Premier RealtyKaty | $185,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Great starter home or investment property. This adorable home offers 3 bedrooms, 2 baths with a great split floorplan. The living room features high vaulted ceilings, gas fireplace and laminate wood floors. The kitchen was just remodeled in March of 2022. Beautiful granite countertops, stainless steel gas range with matching vent hood. Wood shelves to display your dishes and lovely gray lower cabinets. The tile floors in the kitchen are also new. Huge backyard with covered patio and no backyard neighbors. This home does need some work but its has amazing potential.
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| Jan 23, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by Aim Realty | $144,900 | |
| Listed by Aim Realty | |||
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1 STORY, FIREPLACE, FORMAL DINING, BREAKFAST BAR, 3 BEDROOMS, 2 BATHS, EXTRA ROOM IN BACK, FENCED YARD, MINI-BLINDS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017