16 Prospect Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Relisted | $149,000 | |
| Relisted | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Listed by Howard Hanna | $149,000 | |
| Listed by Howard Hanna | |||
| | |||
|
BACK ON MARKET - no fault of property! On a quiet village street, walkable to the village center, this two-bedroom, one-bath ranch has all the living space on one floor. Newer roof, gutters, sump pump and HWH. With hardwood floors under some newly-carpeted rooms, this property features an eat-in-kitchen, replacement windows, one-car garage, renovated handicap features: accessible low-threshhold shower and new high-rise commode on a lot with mature landscaping and garden. Close to schools, parks, recreation and shopping this is a perfect starter home. Relax on your covered back porch and listen to the birds chirping as you sip your favorite beverage. Appliances are negotiable. Second, stacked W&D installed on main living floor with second set in dry basement. Priced to sell. as-is condition.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017