16823 Promenade Park
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 20, 2023 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Manor, LLC | $289,900 | |
| Listed by Manor, LLC | |||
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Exquisite well maintained single-story home located in the highly desirable Park Creek subdivision, and highly sought after Cypress-Fairbanks ISD. The open concept kitchen/living offer a generous amount of space for entertaining and compliment the newly installed tile in the main areas. The dining room makes for a great office space tucked away from the main living area. High ceilings and several windows not only offer an abundance of natural light, but a view to the large backyard. Backyard is equipped with a covered patio and is fully fenced, perfect for children or pets. Home is in walking distance to the newly updated community pool and playground. Make an appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017