2016 Rincon 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 |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Aug 24, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Price Decreased |
$479,900
↓ $10K
(2%) | |
| Price Decreased | |||
| May 22, 2025 | Listed by Martin & Black Real Estate LLC | $489,900 | |
| Listed by Martin & Black Real Estate LLC | |||
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This spacious & thoughtfully designed 1-story CERVELLE home is located in the highly sought after Clear Creek ISD in SEDONA. Featuring an open concept layout, this home boasts a large kitchen that seamlessly flows into the living area-ideal for entertaining or everyday living. The kitchen offers ample cabinet & counter space w/ beautiful granite countertops. Enjoy the privacy of a split floorplan, w/ the primary suite tucked away on its own side of the home w/a spacious ensuite bath & 2 walk in closets. Step outside to a covered patio perfect for evening grilling or relaxing w/ friends. Add. features: Oversized 2-car garage w/a covered carport w/Huge bonus storage space & a convenient 1/2 bath, SOLAR SCREENS for energy savings. UPDATES: JAN '25 - NEW HIGH EFFICIENT HVAC (10 yr transf. wrnty), AUG '24 - KOHLER 24 KW GENERATOR (10 yr transf. wrnty, JAN '24 - whole house DEHUMIDIFIER (5 yr wrnty), APRIL '24 - Garage 100 amp electrical panel/service, Property has never flooded.
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| Sep 29, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017