16747 Dew Drop Lane
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 |
|---|---|---|---|
| Dec 23, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2021 | Listed by Texas United Realty | $237,900 | |
| Listed by Texas United Realty | |||
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Honey Stop the Car!! You have to see this One!! Have you been looking for a completely remodeled, totally up-to- date and move in ready home? Well look no further!! This beautiful home is the one. An Updated kitchen with new cabinetry and appliances, updated bathrooms, granite countertops, luxury vinyl plank flooring through out, A/C and hot water heater. Situated on an oversized, cul-de-sac lot completely fenced for maximum privacy in the sought after Community of Sommerall. Located close to shopping and dining establishments and just minutes from major highways for an easy commute to anywhere. All of this and much more at an affordable price! Contact me for a private showing and come see the nicest home in the neighborhood!!
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About Sommerall
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$2,050 /mo
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$1,795 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017