16843 Scenic Gardens Drive
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 |
|---|---|---|---|
| May 5, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by BHGRE Gary Greene | $242,500 | |
| Listed by BHGRE Gary Greene | |||
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This magnificent home has what you are looking for, it sits at the end of a cul de sac street in a neighborhood with sidewalks. As you enter you fall in love with the hard wood flooring thru the family room and dining room. The well appointed kitchen boasts a recent SS stove/oven range 2019. As you proceed upstairs you see the hardwoods continue on the stairs landing and nursery. Carpets upstairs were replaced 2017. The game room upstairs has a closet, this area could be easily converted to a 4th bedroom. Out back the relaxing patio is covered the complete length of the home. The workshop/storage shed (10x15) sits on a concrete floor and has electricity, this could be your new home office. Other recent updates include partial back fence 2016, water heater 2017, partial front fence 2019, HVAC 2020, Downstairs baseboards 2020. Home has never flooded, no broken pipes during the winter storm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017