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984 NW 16th Place
About This Property
You will love the spaciousness and openness of this home. Vaulted Ceilings. Three Bedroom in a Split bedroom configuration. Master bedroom ensuite and has walk in closet. Tiled porch is screened, and there is a huge wooden deck in the rear yard. Rear Yard is nicely fenced with white vinyl fencing. Two car garage.
NO HOA! BOATS ALLOWED. RV ALLOWED. Room for pool. Easy to see almost any time. GREAT SCHOOLS, Felix Williams Elementary near by. Walk to Lake and Park. LAKE IS LOVELY WITH ALL THE DUCKS AND GEESE. GO FISH.
PS: NO FLOOD INSURANCE.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017