16718 Town Glade 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 |
|---|---|---|---|
| Jan 22, 2024 | Sold | ||
| Sold | |||
| Dec 22, 2023 | In contract | - | |
| In contract | |||
| Sep 8, 2023 | Listed by 1 Percent Lists Bruti Group | $370,000 | |
| Listed by 1 Percent Lists Bruti Group | |||
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Location, Location, Location! This beautiful home is located in the sought after Community of Cypress Point, situated on an interior lot with a fenced in back yard for maximum privacy. From the minute you walk in the front door you can feel the stateliness and spaciousness of the grand foyer. Working from home? Great, you'll find the home office just off the foyer which leads into the great room with a fireplace and open to the kitchen and breakfast with a formal dining room perfect for entertaining. From the great room you have access to the side yard complete with a deck and from the kitchen you have a perfect view of the backyard with another patio. The owner's retreat is tucked in the back of the home also with a view of the backyard. Complete with a large primary bathroom and walk in closet. Upstairs is the game room with 3 secondary bedrooms and a full bath. Located minutes from shopping, dining and major highways for an easy commute to anywhere. Schedule a private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017