16880 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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2024 | Listed | $599,950 | |
| Listed | |||
| | |||
|
Gorgeous ranch plan with 3 bedrooms, 3 baths, full, unfinished basement and 3 car garage! Large windows bring a ton of natural light into the kitchen/great room area, 9ft ceilings lends to the open feel of this home. Great kitchen with big island, white cabinetry with black hardware, light fixtures and faucets along with Luxury Vinyl Plank flooring throughout most of the main floor! Huge laundry room right off the 3-car garage is very convenient. The massive basement gives you unlimited options to use the space however you need, this home also has a tankless water heater, whole house air purifier, a/c and smart home features. Located near downtown Mead, Highlands Preserve is conveniently located with easy access to I-25. Hurry in now to get in during the final phase of the community!
| |||
| Aug 13, 2024 | Price Increased |
$633,150
↑ $10K
(1.6%) | |
| Price Increased | |||
| Aug 6, 2024 | Price Increased |
$623,400
↑ $5K
(0.8%) | |
| Price Increased | |||
| Jun 27, 2024 | Price Increased |
$618,400
↑ $8K
(1.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017