16 Biscayne Boulevard
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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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by BHHS Hudson Valley Properties | $349,900 | |
| Listed by BHHS Hudson Valley Properties | |||
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One of the best locations in The Gables! Come see one floor living at its best in this beautifully maintained 3BR 2 Bth home on a no outlet street. Lots of upgrades throughout. Large Eat in Kitchen with stainless appliances, granite countertops and center island, formal Living and Dining Room, Primary Bedroom with walk in closet, full bathroom with double granite vanity sink, soaking tub and separate shower, Light and bright throughout with vaulted ceilings. Beautiful newer flooring, Large backyard for entertaining with park-like property. Spacious rocking chair porch. One of the largest models in the complex with nice sized rooms. 1 car attached garage and double width oversized driveway with plenty of parking. Fantastic community with clubhouse, pool, gym and active clubs. This one has it all!
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017