16938 OBSIDIAN 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%.
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by Lumiere Capital Corporation | $1,149,000 | |
| Listed by Lumiere Capital Corporation | |||
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This Stunning Estate Is Nestled In The Heart Of Mt. Woodson Golf Course. Unique And Sought After Floorplan Include: Entry Level Bedroom With Full Bath, Newer Dual Zone A/C, Newer Water Heater, Granite Counters, Built-In Wine Fridge, View Balcony & Stone Fireplace At Master. Endless Possibilities For The Open Loft Area. Completely Usable 9,900 Sq Ft View Lot Situated On The 13th Hole Of Mt Woodson Golf Course. Welcome Home! Exclusive Gated Community Of Mt. Woodson With Endless Mountain And Golf Course Views. Soaring Vaulted Ceilings , Many Windows With Natural Light. Entry Level Offers Guest Bedroom With French Door Entry, Full Bath And Exterior Access, Interior Laundry Room With Storage Cabinets, Newer Dual Zone A/C Units, Newer Water Heater, Wood Blinds Throughout, Brick Fireplace And Surround Sound Speakers At Family Room, Ceiling Fans And Recessed Lighting. Spacious Chef's Kitchen Offers Granite Counters, Showcase Cabinetry, Gas Cooktop With Full Custom Tile Backsplash, Built-In Wine Fridge, Breakfast Bar And Breakfast Nook With Views. Master Suite Offers Double French Door Entry, Fireplace, Sitting Area, Walk In Closet & View Balcony. Usable 9,900 Sq Ft View Lot Is Situated On The 13th Hole Of Mt Woodson Golf Course. Welcome Home!
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| Oct 15, 2019 | Sold | ||
| Sold | |||
| Jun 29, 2019 | Listed by Keller Williams Carmel Valley | $729,000 | |
| Listed by Keller Williams Carmel Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017