916 Newport
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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 |
|---|---|---|---|
| Sep 26, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $535,000 | |
| Listed | |||
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Welcome home to a meticulously-maintained residence in Whelan Ranch. You'll love the home's three bedrooms which include a spacious master, and large, nicely-landscaped yard. The updated kitchen features granite counters and stainless steel appliances. The home features separate formal living and dining rooms, and a family room with fireplace. Additional touches include decorative lighting and remodeled baths. Save money with no HOA fees or Mello Roos! Solar panels are owned, not leased! RV parking, too! The manager has listed the unit size as 1645 square feet.
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| Jul 30, 2018 | Listed by Humpherys Homes & Estates | $535,000 | |
| Listed by Humpherys Homes & Estates | |||
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SOLAR POWERED HOME AND PANELS ARE OWNED! Price slashed on 8/20! Welcome home to an immaculate, meticulously-maintained residence in Whelan Ranch. You'll love the home's three bedrooms which include a spacious master with double door entry. The updated kitchen features granite counters and stainless steel appliances, and the floor plan is desirable with separate formal living and dining rooms, and a family room with cozy fireplace. Additional touches in the home include remodeled baths and decorative lighting. The large, nicely-landscaped yard includes synthetic grass and a covered patio area with ample room to entertain. You'll save money with no HOA fees and no Mello Roos, and you will love the new solar panels which are owned, not leased.
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| Feb 16, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017