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16 LAKE COURT LOOP
About This Property
Extremely well-maintained 2-bedroom, 2-bath block home located in Silver Springs Shores. Offering 1,376 square feet of living space, this move-in-ready home features a newer roof, HVAC system, and water heater for added peace of mind. Situated on a desirable corner lot, the property provides ample outdoor space and great curb appeal.
Whether you're looking for a high-performing investment property with strong rental potential or an affordable place to call home, this property is an excellent opportunity. Conveniently located near shopping, dining, schools, and major roadways. Schedule your showing today!
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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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by COLDWELL REALTY SOLD GUARANTEE | $165,000 | |
| Listed by COLDWELL REALTY SOLD GUARANTEE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017