1035 16th Street
About This Property
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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 17, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Listed by KJ Platinum Properties LLC | $259,000 | |
| Listed by KJ Platinum Properties LLC | |||
| May 23, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by eXp Realty, LLC | $259,900 | |
| Listed by eXp Realty, LLC | |||
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Wonderful opportunity to own a primary/weekend home steps from the water with room to store all your toys! Can also be an excellent vacation rental. Beautiful mature trees a, and a well placed hot tub makes the backyard a true oasis. Located on an oversized lot with an extra wide electric gate with covered parking for your car, boat and RV! This gem of a property has been well maintained and cared for over many years, It is now ready to make memories for its new owner. Come check it out today and move in just in time for all the summer fun on the water!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017