16 Preserve Way
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$659,900
↓ $15K
(2.2%) | |
| Price Decreased | |||
| May 27, 2025 | Listed by Premeer Real Estate Inc. | $675,000 | |
| Listed by Premeer Real Estate Inc. | |||
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This home is in the highly desirable Preserve Neighborhood. Hardwood floors, gourmet kitchen, abundant cabinetry, granite countertops, a large center island, and an open, sunny eat-in area with slider leading to your deck overlooking your backyard. The formal dining room, living room/office, and an impressive, sun-drenched family room features cathedral ceilings, wood fireplace, and recessed lighting—an ideal space for hosting or everyday living. There’s a large pantry/laundry room and a convenient half bathroom completes the main level. Upstairs, the luxurious suite complete with cathedral ceilings, a walk-in closet, and a spa-inspired bath featuring custom vanities. Three other bedrooms that share a hall full bathroom w/ double sinks.The walkout basement is bright and full of potential—ready to be finished. Step outside to enjoy a private patio, mature landscaping, conversation area bordering the Opacum Woods. Conveniently located close to the Mass Pike (I-90) and I-84
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| Mar 18, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017