16801 Needlepoint Drive
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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%.
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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 14, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by eXp Realty LLC | $299,990 | |
| Listed by eXp Realty LLC | |||
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Priced to Sell! Welcome to the St. Augustine floorplan in Granger Pines by First America Homes! This highly sought after floorplan features 4 bedrooms (3 are downstairs) along with a spacious game room, bedroom & full bathroom upstairs. As you enter, you'll be greeted by a grand living room with soaring ceilings. The kitchen in is designed with functionality in mind, boasting plenty of counter space, allowing for effortless meal preparation. The owner's suite is a true sanctuary within the home. It features a spacious private bathroom and a large walk-in closet for sufficient storage of your belongings. Experience the best of serene country living and convenient location in Granger Pines, the esteemed and award-winning GHBA 2021 Community of the Year in Houston. The community features a splash pad, a 6-acre lake, pocket parks, trails, pavilion, open space, natural creeks, walking trails & more. Great location, highly rated schools - a must see!
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| Jun 13, 2024 | No longer available | - | |
| No longer available | |||
| Jan 10, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Montgomery
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,650 /mo
- 3 Beds
- 2 Baths
- 1,120 ft²
$3,600 /mo
- 4 Beds
- 3 Baths
- 3,344 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017