16 PROSPECT PL
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 3, 2023 | No longer available | - | |
| No longer available | |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | In contract | - | |
| In contract | |||
| Feb 21, 2023 | Listed | $422,500 | |
| Listed | |||
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WELCOME TO YOU NEXT 1 FAMILY HOME WITH 3+ CAR PARKING!! This home is the one you've been searching for! Providing you with a kitchen, living room, & dining room as well as 2 bedrooms and 1 full bathroom. Also a finished basement with lots of storage place, and the comfort of 3+ car parking as well as a car lift that can hold up to 12,000 lb in the garage and a spacious backyard! This is exactly the home you've been looking for. Schedule a tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017