4408 HWY 16
About This Property
refined wood and tiled flooring. Central heat and air, all appliances included, clawfoot tub, covered front porch, large mud
room area, wood stair case, open living room and dining. You won't want to miss the sunsets on the large back deck perfect
for entertaining or relaxing outside in the evening. Highway frontage off of 16 just a mile from town and just over an acre is
perfect and ready for its new owner.
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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 12, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Ebby Halliday Realtors-Stephenville | $304,000 | |
| Listed by Ebby Halliday Realtors-Stephenville | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20026441
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017