16 Dracut 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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Listed | $485,000 | |
| Listed | |||
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OFFER DEADLINE: Sunday 5/25 at 12PM. Excellent Starter Home in Mount Vernon with Great Outdoor Features! This welcoming home is a perfect first step into homeownership. The first floor boasts tall ceilings that make the space feel open and inviting, featuring a cozy living room, a spacious dining room great for entertaining, a functional kitchen, and a full bathroom. Convenient first-floor laundry adds everyday ease. Upstairs offers three bedrooms with convenient layouts. One of the owner's favorite parts of this property is the outdoor setup—enjoy a 2-car garage with an attached large shed perfect for a workshop or storage, and an above-ground pool with a relaxing gazebo (included with the home).With newer vinyl siding (7 yrs), a newer roof (5 yrs) on the main house, a newer gas boiler (7 yrs), and a low-maintenance yard, this home is move-in ready and full of charm! Showings start right away! Open house Saturday 5/24 from 10AM-12PM. Welcome home!
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| Jun 17, 2015 | Sold | ||
| Sold | |||
| Apr 1, 2015 | Listed by William Raveis R.E. & Home Services | $185,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017