
20
Map


1026 16TH ST NW #505
About This Property
Listed By
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 9, 2025 | Price Decreased |
$519,000
↓ $10K
(1.9%) | |
Price Decreased | |||
Oct 25, 2024 | Listed by Continental Properties, Ltd. | $529,000 | |
Listed by Continental Properties, Ltd. |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/24/2024
|
1 Bed
|
1 Bath
|
-
|
$299,900
1 Bed
1 Bath
|
$311,000
+3.70%
11/22/2024
|
-
|
Elizabeth Martin
Evers & Co. Real Estate, A Long & Foster Company
| |
01/01/2024
|
2 Bed
|
2 Bath
|
-
|
$765,000
2 Bed
2 Bath
|
$705,000
-7.84%
07/18/2024
|
-
|
Dion Rainey
Real Broker, LLC
| |
10/12/2023
|
1 Bed
|
1 Bath
|
850 ft²
|
$520,000
1 Bed
1 Bath
850 ft²
|
$495,000
-4.81%
02/16/2024
|
-
|
Jared Russell
Keller Williams Capital Properties
| |
10/12/2023
|
1 Bed
|
1 Bath
|
500 ft²
|
$300,000
1 Bed
1 Bath
500 ft²
|
$275,000
-8.33%
02/23/2024
|
-
|
Jared Russell
Keller Williams Capital Properties
| |
08/18/2023
|
2 Bed
|
2 Bath
|
1700 ft²
|
$1,195,000
2 Bed
2 Bath
1700 ft²
|
-
-
|
-
|
Olivia Kibler
Compass
| |
05/13/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$550,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Jared Russell
Keller Williams Capital Properties
| |
05/13/2022
|
1 Bed
|
1 Bath
|
500 ft²
|
$350,000
1 Bed
1 Bath
500 ft²
|
-
-
|
-
|
Jared Russell
Keller Williams Capital Properties
| |
10/28/2021
|
2 Bed
|
2 Bath
|
1700 ft²
|
$1,275,000
2 Bed
2 Bath
1700 ft²
|
-
-
|
-
|
Matt Shepard
KW Metro Center
| |
09/29/2021
|
1 Bed
|
1 Bath
|
500 ft²
|
$375,000
1 Bed
1 Bath
500 ft²
|
-
-
|
-
|
Todd Vassar
Compass
| |
09/09/2021
|
2 Bed
|
2 Bath
|
1450 ft²
|
$975,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
-
|
Todd Vassar
Compass
| |
11/15/2019
| |
Studio
|
-
|
-
|
$650,000
Studio
-
|
$275,500
-57.62%
04/28/2020
|
Charles H LeGette
| |
04/24/2019
|
2 Bed
|
2 Bath
|
1750 ft²
|
$1,125,000
2 Bed
2 Bath
1750 ft²
|
-
-
|
-
|
-
| |
09/07/2018
|
2 Bed
|
2 Bath
|
1650 ft²
|
-
2 Bed
2 Bath
1650 ft²
|
-
-
|
-
|
-
| |
06/02/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
-
|
01/14/2016
|
1 Bed
|
1 Bath
|
477 ft²
|
$225,000
1 Bed
1 Bath
477 ft²
|
$212,500
-5.56%
02/08/2016
|
-
|
Deborah Hrouda
Coldwell Banker Realty
|
Building Info
- 2 Units for Sale

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