6516 Mcginnes Road
About This Property
Enjoy sunny afternoons by the sparkling pool, host gatherings in the workshop/party barn, or unwind under the covered BBQ pavilion. Inside, you'll find marble countertops, a walk-in shower in the primary suite, vinyl flooring throughout, and a cozy fireplace for cool Texas evenings. A flex space offers room for an office, man cave, or she shed, while the fully fenced and cross-fenced layout - with sturdy pipe fencing - keeps animals secure and organized.
Recent upgrades include fencing, lighting, stall repairs, and well house improvements. Everything is ready for you to move in and enjoy - all under a durable metal roof.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Relisted | $539,900 | |
| Relisted | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017