16922 Paynes Creek 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 3, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
| Apr 3, 2024 | Listed by RE/MAX Universal | $483,000 | |
| Listed by RE/MAX Universal | |||
| | |||
|
LAKE VIEWS FROM YOUR COVERED FRONT PORCH!…..HIGHLY SAUGHT AFTER LAKELAND HEIGHTS…..DAVID WEEKLEY 1.5 STORY……OVER 3000SQFT……..SHUTTERS THROUGHOUT…….HARDWOOD FLOORING………FORMAL LIVING……FORMAL DINING……..STUDY/FLEX SPACE…….ALL BEDROOMS DOWN…...THE STUNNING KITCHEN IS OPEN TO THE FAMILY ROOM WITH OVERSIZED ISLAND….42” CABINETS….THE PRIVATE PRIMARY RETREAT WITH STUNNING BATHROOM FEATURING STONE COUNTERS/GARDEN TUB/SEPARATE SHOWER/DOUBLE SINKS……GAME ROOM UPSTAIRS PLUS 20X8 BONUS CLOSET! ………BACK PATIO….2 CAR GARAGE….SPRINKLER SYSTEM……
| |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Price Decreased |
$483,000
↓ $5K
(1%) | |
| Price Decreased | |||
Property Highlights
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About Harris
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$1,742 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017