16847 Ramsay Cascades 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 |
|---|---|---|---|
| Apr 6, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by Coldwell Banker Realty | $399,000 | |
| Listed by Coldwell Banker Realty | |||
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2020 | Listed by Move Up America | $323,565 | |
| Listed by Move Up America | |||
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Brand new super energy efficient & open concept single story home featuring | 4 bedrooms | 3 baths | 2-car attached garage | covered patio | Spacious family room with adjacent island kitchen and casual dining area. The private main suite overlooks the backyard. Come experience the highly desirable & master-planned community of The Groves featuring a resort-style pool, adaptive sports complex, amenity & lifestyle center, fish camp, exploration trails, toddler park, and all within walking distance to the elementary and middle schools! Note, new home is nearing completion, interior photos are NOT of the actual home, they are representative of floorplan. Selections and features will vary. For more info, contact Chesmar Homes in The Groves. JAN. 2021 estimated completion.
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017