16922 Folsom 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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by Heartland Real Estate Company | $199,000 | |
| Listed by Heartland Real Estate Company | |||
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This home has 4 bedrooms, 2 full bathrooms with 2 living areas. The primary bedroom features an ensuite bathroom. Kitchen has beautiful granite countertops and white cabinets. The natural light flows through the kitchen into the 1st living area. Gas range and dishwasher is included. Home also has a tankless water heater. Entire house from outside entry all the way to the stops under the sink are pex pipe. Fresh paint! Professionally cleaned carpets! The shed in the fully fenced backyard stays with the property. This home is within walking distance to the elementary school. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017