16960 Mockingbird Canyon Road
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 |
|---|---|---|---|
| Mar 27, 2020 | Sold | ||
| Sold | |||
| Oct 18, 2019 | Listed by Keller Williams Realty | $799,000 | |
| Listed by Keller Williams Realty | |||
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"Breathtaking Riverside Equestrian Property” with two homes on one lot! Tons of manicured trees accent this park-like property. White vinyl fencing with wire surrounds the majority of this 4.47-acre lot. An automatic entry gate opens up to a spectacular 140-yard concrete driveway. Once inside the lot, there is a large ½ acre+ equestrian arena, 4-stall MD barn, with large tack room, feed room, concrete paddock area with horse wash rack, gazebo, two extra corrals, for a total of six, two lighted horseshoe pits, 5 sheds for storage, and an amazing guest home. The guest home has a spacious studio living area, complete with laminate floors, newer kitchen, and indoor laundry. Below the guest home is a studio basement with a separate entrance and bathroom that could be easily turned into a duplex with minimal work. The main home is a 2-bedroom, 2-bathroom estate, with beautiful hardwood floors and picturesque views of the whole lower half of the property from the large bay windows. The interior is immaculately maintained, and the main bathroom has been upgraded with a large soaking tub, shower, and new flooring. There is a pad for parking your RV directly behind the main house, complete with dump station. The enormous lot also has tons of gated space for RV, tractor, and trailer parking. An additional graded lot to build another home, workshop, or garage is located up above the main home. This is an amazing property that you must see in person to truly appreciate it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017