16721 Air Mail Ln
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 18, 2019 | Sold | ||
| Sold | |||
| Oct 30, 2018 | Listed by The Home Team | $649,000 | |
| Listed by The Home Team | |||
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Completely renovated, west-end split-level ranch home sits on a fantastic 1.24 acre lot. Features include PAID SOLAR and a remodeled kitchen with skylights, concrete counters, stainless-steel appliances and a huge island. Vinyl dual pane windows & doors with new laminate floors through out the house. New paint inside and out. Remodeled bathrooms in the master and hallway. The 4th bedroom & 3rd bath above the garage has a wet bar, exterior & interior entrance, perfect for house guests or extended family. Neighborhoods: Ramona Other Fees: 0 Sewer: Septic Installed
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| Aug 11, 2017 | Sold | ||
| Sold | |||
| Apr 28, 2017 | Listed by Keller Williams Realty | $550,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017