16808 Arbor Creek Drive
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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.
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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 |
|---|---|---|---|
| Jul 13, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Coldwell Banker Real Estate Group | $424,900 | |
| Listed by Coldwell Banker Real Estate Group | |||
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Awesome ranch home with walk out basement in Plainfield. Location is the best of both worlds! Close to highways but backyard is tranquil with beautiful looks and sounds of nature to enjoy your quiet time. Open foyer separates the formal living room and dining rooms. Family room with vaulted ceiling, two skylights, fireplace and hardwood floors. Gourmet kitchen with upgraded soft close cabinets, granite counters, tiled backsplash, under cabinet lighting, stainless appliances, skylight, hardwood floor, and eating area overlooking the deck and wooded backyard. Master bedroom suite with hardwood floors, master bath with double sink vanity, soaking tub, separate shower and walk-in closet. Walk-out basement with additional family room, kitchen area, 2 bedrooms, full bath and two large storage areas would be great for related living. From basement walk out to brick paver patio, fire pit, hot tub and enjoy the best of nature. Home backs to wooded area and creek. Furnace, A/C and water heater replaced in 2018, water softener in 2020. There is also a sprinkler system and central vacuum.
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| Apr 20, 2018 | Sold | ||
| Sold | |||
| Mar 6, 2018 | Listed by RE/MAX Ultimate Professionals | $339,900 | |
| Listed by RE/MAX Ultimate Professionals | |||
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About Plainfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017