16715 Promenade Park
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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 |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Douglas Elliman Real Estate | $225,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Wonderful one story Taylor Morrison home with rare 2.5 car garage. Large gourment island kitchen with double pantry has a full view of the family room in this open concept home and has Expresso colored cabinets and granite counter tops. Primary bedroom has ensuite bathroom with double sinks, garden tub, separate shower, and a generous walk-in shower, and a generous walk-in shower. Beautiful laminate wood floors in the large dining room or optional study. Home has energy saving Tech Shield radiant barrier and a 6 zone sprinkler system. Large covered patio out back with gas stub out to connect your gas grill. Driveway replaced 4 years ago with 6 inch deep concrete with rebar. Sale of home include side by side refrigerator, flat screen mounted TV, and a DVR with 5 mounted cameras with an acceptable net full price offer. Around the corner from neighborhood pool and is conveniently located near schools, the Grand Parkway, 249, 290, world class shopping centers, grocery stores & restaurants.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017