16 Adams Place
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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 |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Dec 20, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Decreased |
$649,000
↓ $21K
(3.1%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed by Netter Real Estate Inc | $669,900 | |
| Listed by Netter Real Estate Inc | |||
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Just listed in the desirable Presidential Section of West Islip, this charming ranch-style home offers the perfect blend of comfort and style. Featuring an open floor plan, a beautiful eat-in kitchen with granite countertops and stainless steel appliances, and a cozy living room with a brick fireplace, this home is ideal for both everyday living and entertaining. Gleaming hardwood floors flow throughout, complementing the three bedrooms and two full baths. A full basement provides plenty of space for storage or future possibilities, while the fully fenced backyard is perfect for outdoor enjoyment. All of this is located within the highly regarded West Islip School District—a true gem waiting for its new owners!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017