16906 Ledges Court
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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 |
|---|---|---|---|
| Oct 11, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | Listed by JLA Realty | $405,000 | |
| Listed by JLA Realty | |||
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Beautiful one-story home now available in The Groves! The popular Hillcrest floor plan features 4 bedrooms, 3 full bathrooms, private study, and a designer kitchen at the heart of the home. The kitchen boasts a large island, stylish tile backsplash, white quartz counters, walk-in pantry, and is open to the family room and casual dining area, making it perfect for entertaining and everyday living alike. The primary suite is located at the rear of the home and the en-suite bath features a garden tub, large glass shower, dual sinks, and walk-in closet. Outside you will find a spacious yard, covered patio, and no back neighbors. Zoned to highly acclaimed Humble ISD schools, and close to shopping, dining, and entertainment make this one hard to beat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017