16857 Roaming Elk Drive
About This Property
The generously sized bedrooms ensure ample space for relaxation and privacy, creating a comfortable retreat for each member of the household. The large kitchen is a focal point of the home, featuring not only a stylish design but also an abundance of storage space. It's a culinary haven where you can unleash your inner chef and create memorable meals for family and friends.
With the potential to add a 5th bedroom, this home adapts to your evolving needs, offering flexibility and room for growth. The property sits on a sprawling corner lot tucked away on a quiet cul-de-sac, providing a sense of seclusion and tranquility. The beautifully landscaped surroundings enhance the curb appeal and create a picturesque setting.
Perfect for those who love to entertain, the residence is an entertainer's dream. Whether hosting gatherings indoors or taking the celebration outside, the layout and design of this home provide the ideal backdrop for creating lasting memories.
In summary, this Monument home offers a perfect blend of modern living, versatility, and a touch of luxury. Better than new, it presents an opportunity to embrace a lifestyle that seamlessly combines comfort and sophistication. Don't miss the chance to make this property your own and experience the epitome of gracious living.
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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 15, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by RE/MAX Real Estate Group Inc | $699,000 | |
| Listed by RE/MAX Real Estate Group Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017