16919 Markridge Drive
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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%.
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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 25, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by CB&A, Realtors | $250,000 | |
| Listed by CB&A, Realtors | |||
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Completely refreshed home in Colony Creek is ready for new owners! Located on a cul-de-sac lot, with just under 1800sqft of living space, this 4 bedroom, 2 and 1/2 bath home has everything you need. Freshly painted throughout and lots of upgrades!! The family room is spacious and features a fireplace and opens to the kitchen and dining area. The kitchen has been freshly painted and boasts a breakfast bar, plenty of counter and cabinet space and opens to the family room. The ensuite primary bedroom is generously sized and features a double sink vanity and walk-in closet. The additional bedrooms are all spacious as well. Roof replaced in 2018, Water Heater in 2017, A/C & Ducts replaced in 2016. Conveniently located to Hwy 249, The dining and shopping of the Vintage and is zoned to highly acclaimed Klein ISD.
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Property Highlights
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About Colony Creek Village
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$2,445 /mo
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$2,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017