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16722 Newlight Bend 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 |
|---|---|---|---|
| Jun 12, 2026 | Listed by Vin Realty LLC | $295,000 | |
| Listed by Vin Realty LLC | |||
| Mar 20, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by NextHome Realty Center | $215,000 | |
| Listed by NextHome Realty Center | |||
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Charming home in the gated section of Canyon Lakes at Stonegate. Very quiet street with lots of curb appeal. Perfect starter home with both formals, 3 bedrooms and 2 baths. All tile throughout the entire house. Kitchen has granite counter tops, gas range, and is centrally located...perfect for entertaining. Very open floor plan. Lots of natural light throughout the house. Large master bedroom, dual sinks in the master bath with separate tub and shower. Huge master closet. House has split floor plan with a nice desk area off of the breakfast and kitchen. Perfect for your laptop area or kids to do their home work. Great backyard with covered patio and gas hook up for your grill! Perfect for those family BBQs. Sprinkler system in both front and back. Award winning CyFair ISD. Come and make this your Next Home today! This one will not last long!
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About Canyon Lakes at Stonegate
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Currently no similar homes aroundNearby Rentals
$3,100 /mo
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$2,500 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017