16 South Court
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Compass Florida, LLC | $675,000 | |
| Listed by Compass Florida, LLC | |||
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Price Decreased |
$539,900
↓ $35K
(6.1%) | |
| Price Decreased | |||
| Feb 14, 2024 | Listed by Compass Florida, LLC | $575,000 | |
| Listed by Compass Florida, LLC | |||
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A 3-minute walk to the beach, this coastal condominium community stands out from the rest! Unattached units offer the feel of a single-family home while granting the benefits of worry-free condo living. This sunny bungalow boasts a 2023 a/c, low dues, TWO balconies & attractive interiors! Tile floors span the downstairs, coursing through a bright living rm w/a triple slider to a tropical patio overlooking the crystal-blue community pool. A granite b-fast bar kitchen features SS appliances, a frosted glass door pantry & white crown-molded cabinetry w/custom wine cubbies. The dining area could also be used for additional living. All bdrms are privately located upstairs. Double doors open to the sizable primary retreat exhibiting a personal balcony perched over the pool, a large walk-in closet, 2 sinks, a jetted tub & tiled shower. 2 extra bdrms share a 2nd balcony facing the front of the property. Affordable insurance rates. Walk to eateries & shopping!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017