Residential Income
For Sale
$289,000
15916 Sonoma Court, Edmond, OK 73013
A gated-community home combines three bedrooms with HOA-managed exterior upkeep and access to a shared pool and clubhouse.
Property Size1,646 SF
Price / SF$175.58
Days on Market102
Property Features for 15916 Sonoma Court
General Information
Standard status
Active
Size
1,646 SF
Total Parking Spaces
2
Property subtype
Half Duplex
Taxes and HOA fees
Annual Taxes
$2,010
Amenities
clubhouse
pool
gated community
Building Details
Building Size
1,646 SF
Year Built
1996
Listing Agency:
Ariston Realty
Listed By:
Kody Khodabakhsh
(405) 802-1174
Source:
Oakandprairiehomes
Added: Jul 24
Changed: Oct 30
Last Checked: Oct 30 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariston Realty
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Investment Insights
Based on property information with market context.
Built in 1996, this 1,646-square-foot residence has three bedrooms, two bathrooms, an open living, dining, and kitchen arrangement, and a two-car garage. Interior features include wood flooring, a gas fireplace, granite kitchen counters, and a steel safe room. Covered outdoor areas include front and side porches and a rear patio.
The property is in Vintage Gardens I, a gated community in Edmond. HOA services cover lawn care, shrub trimming, leaf cleanup, sprinkler maintenance and water, and upkeep of the neighborhood gate. Community amenities include a clubhouse and pool. Exterior repainting is performed periodically; the most recent painting was completed in 2025.
The property is in Vintage Gardens I, a gated community in Edmond. HOA services cover lawn care, shrub trimming, leaf cleanup, sprinkler maintenance and water, and upkeep of the neighborhood gate. Community amenities include a clubhouse and pool. Exterior repainting is performed periodically; the most recent painting was completed in 2025.
Key Highlights
- 1,646‑square‑foot residence built in 1996
- Three bedrooms and two bathrooms
- Two‑car garage with steel safe room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,473
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,460
$209.5K
Cap Rate 7%
$149,614
$149.6K
Cap Rate 9%
$116,367
$116.4K
Market Conditions
NOI Build-Up for 1,646 SF
Gross rent
$21.1K $12.84/SF
− Vacancy
−$2.1K −$1.27/SF
EGI
$19.0K $11.57/SF
− OpEx
−$8.6K −$5.21/SF
NOI
$10.5K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,460
Cap Rate 7%
$149,614
Cap Rate 9%
$116,367
Alternative Uses
Best Use
Apartment 5plus
$149.6K
$130.9K – $174.6K
NOI $10,473 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$342.8K
$300.0K – $400.0K
NOI $23,998 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
371
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Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A gated-community home combines three bedrooms with HOA-managed exterior upkeep and access to a shared pool and clubhouse.
Where is this residential income property located?
The property is located at 15916 Sonoma Court Edmond, OK.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,646‑square‑foot residence built in 1996; Three bedrooms and two bathrooms; Two‑car garage with steel safe room
