16 Farley St
About This Property
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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%.
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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 |
|---|---|---|---|
| Nov 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 30, 2025 | Listed by Re/Max Innovative Properties | $579,000 | |
| Listed by Re/Max Innovative Properties | |||
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Welcome to 16 Farley Street! This charming Bungalow combines classic character with modern comfort, offering 3 bedrooms and 2 full baths on a beautifully fenced lot. The open-concept layout flows effortlessly from the updated kitchen—featuring solid countertops and stainless-steel appliances—into a bright dining area and inviting living room, perfect for entertaining or everyday living. The spacious primary bedroom includes its own private full bath, while two additional bedrooms and a second bath complete the main level. Downstairs, the partially finished basement provides exceptional versatility with two bonus rooms—ideal for a home office, guest space, or gym—plus ample storage. Step outside to relax on the deck overlooking the pool and enjoy your backyard retreat. A versatile detached one-car garage and oversized shed add even more convenience. Move-in ready and full of charm, this home is a must-see!
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| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed | $489,000 | |
| Listed | |||
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Welcome to 16 Farley St! This adorable Bungalow offers 3 beds and 2 bathrooms on a fenced in lot. Open concept living with a kitchen that has a solid counter top with stainless appliances and opens up to the dining area and living room. The primary bedroom has its own full bath. The other two bedrooms and bathroom are also on the first floor. Plenty of extra room in the basement with two finished bonus rooms and a storage area. Enjoy those summer days on the deck by the pool. Versatile detached single car garage. Over-sized shed. Showings begin at the open house on Saturday 4/13 from 1-3.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017