16815 Mckay Dr
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 30, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Listed by RE/MAX Professionals DTC | $539,950 | |
| Listed by RE/MAX Professionals DTC | |||
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Welcome to Mead, where city and country life come together beautifully. This Beautiful 2 story home has an open floor plan with a remarkable kitchen featuring white cabinets, quartz countertops, stainless electric range, microwave, and dishwasher. A large island accommodates friends or family and there are plenty of cabinets plus a walk-in pantry to store everything you need. The primary bedroom is so roomy with lots of natural light, adjoining ensuite has double sinks, water closet and nice-sized shower with bench. The additional bedrooms also have great light and are close to the hall bath, laundry room with folding counter and loft area which is ideal for an office/tv area or game room. Large 3 car garage with a 24ft deep bay can accommodate those larger vehicles, garage door opener, a/c and whole house air purifier are also included. Highlands Preserve has easy access to I25 and Hwy 66 and is a convenient gateway to Rocky Mountain Nat'l Park. This a High-Performance Home which means it's designed to respect the planet with money-saving innovation to stay healthier and more comfortable, along with home automation technology so it's easier to take on every day.
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| Nov 24, 2025 | Price Decreased |
$539,950
↓ $30K
(5.3%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$569,950
↓ $29K
(4.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017