16742 Needlepoint 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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| Jun 14, 2024 | Listed by RE/MAX Universal | $259,000 | |
| Listed by RE/MAX Universal | |||
| Apr 19, 2024 | Price Decreased |
$285,000
↓ $22K
(7.2%) | |
| Price Decreased | |||
| Mar 25, 2024 | Listed by RE/MAX Universal | $307,000 | |
| Listed by RE/MAX Universal | |||
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Ready to call home! This single story, 4 bed, 2 bath w/3 car garage was built in 2023 & includes washer/dryer & refrigerator. Wood plank vinyl flooring covers common areas & bathrooms with lush carpeting in all bedrooms. Abundant recessed lighting compliments trendy finishes. All bathrooms feature double sinks & granite vanities. Kitchen boasts S/S appliances, an enormous island w/bar seating, under counter sink, granite surfaces & double doored pantry. A 3-car garage presents that extra space for storage or workspace. The neighborhood amenities to be enjoyed are parks, recreational areas, splash pad, walking trails & covered gathering area. Move in ready! All that’s missing is you!
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017