16 Joan Drive
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Price Decreased |
$749,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by ERA Insite Realty Services | $769,000 | |
| Listed by ERA Insite Realty Services | |||
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Here is your new home sweet home! Beautiful, well-maintained colonial in East Yonkers/Kimball vicinity on a dead end street! This move-in ready house features an open concept first floor with renovated eat-in kitchen with stainless steel appliances and granite countertops, large dining area, extra large living room with doors to private fenced in backyard and a spacious primary bedroom ensuite with renovated bathroom featuring a large walk-in shower (can also be used as a den, family room or private guest room). The second floor has a large bedroom (#2) with walk-in closet (alternative primary bedroom), bedroom (#3) - currently used a a home office, renovated full hall bathroom and additional bedroom (#4) perfect for a nursery/home office. The basement is partially finished with a powder room, laundry/utility area and lounge area/home office accessible through the house or the 1 car garage, no separate outside access. . Recent improvements include full yard vinyl fencing and and new HVAC system. Centrally located near shopping (walking distance to Cross County Shopping Center), schools, parks, highways and transportation. Mount Vernon West Metro North Station just under a mile away. Low taxes do not include the STAR discount of $902. Shown by appointment.
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| Dec 11, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017