16911 Tranquility Park 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 |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 16, 2021 | Listed by Messina Properties | $270,000 | |
| Listed by Messina Properties | |||
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1-STORY OPEN FLOOR PLAN READY FOR IMMEDIATE MOVE-IN. Neutral interior paint. Split Plan w/2 Secondary Bedrooms & Bath; Master Bedroom to the Back for Privacy. LARGE Island Kitchen with Lots of Storage, Silestone C-Tops, Gas Cooking and 42-Inch Cabinets. Open Family Room with 10FT Ceiling & Ceiling Fan. REFRIGERATOR, WASHER & DRYER INCLUDED! Dining Room also makes a great Study! COVERED PATIO for Great Entertaining! GARDEN AREA in Backyard. Close to 290, Grand Pkwy, Kroger, HEB, Shopping & Restaurants!
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About Cypress
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$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017