16 Joann 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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed | $449,900 | |
| Listed | |||
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*Highest and Best offers Due by Tuesday April 1 at 3PM *Pristine Raised Ranch in wonderful neighborhood that has been thoughtfully cared for and tastefully updated. A stunning blue stone tile walkway welcomes you to the front door and leads to stairs to bring you to the inviting living room with hardwood floors and a cozy pellet stove. The formal dining room, also featuring hardwood floors, has sliding doors leading to a multi-level composite deck, perfect for entertaining or relaxing while overlooking the fenced, park-like backyard with flower beds and perennials. The kitchen is stunning with quartz counters, an island and beautiful hickory floors. Three bedrooms with hardwood floors including the primary bedroom with renovated private bathroom and additional full bath complete the main level. The lower level has additional living space with family room with woodburning fireplace, two additional rooms, 3/4 bath, and access to the 2 car garage.
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| Nov 1, 2002 | Sold | ||
| Sold | |||
| Jul 8, 2002 | Listed by Scarfo Real Estate, Inc. | $203,500 | |
| Listed by Scarfo Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017