16 Raymond Avenue
About This Property
Downstairs, the partial basement is exceptionally clean, spray foamed and offers extensive storage options, including built-in shelving and a cedar closet. Major mechanical updates include new thermostat, natural gas heating with a two-zone boiler system, a newer hot water heater and an electric panel newly installed. The home also has a new metal roof, new garage doors and updated entry doors. Outside, you'll find a two-car garage, paved driveway, and manageable yard space with room for gardening or relaxing outdoors on the new deck. Connected to public utilities, this property offers a simple, low-maintenance lifestyle in a desirable setting.
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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 19, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Keller Williams Upstate NY Properties | $225,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
| Dec 13, 2022 | Sold | ||
| Sold | |||
| Sep 26, 2022 | Listed by Benson Agency Real Estate LLC | $159,000 | |
| Listed by Benson Agency Real Estate LLC | |||
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This bright sun filled 3-bedroom 2 bath ranch home is truly move in condition! The interior features a functional floor plan with hardwood floors, a cozy livingroom with a large bay window, built-in wood fireplace and bookcase shelving on either side.At one end of the house there is the main bedroom with a new 3/4 bath and at other end of the house are 2 more bedrooms with full bath The kitchen has a. new refrigerator, a built in oven and stove top. The partial basement is very clean and has tons of built-in storage options, including a cedar closet as well as a new natural gas boiler with two zone baseboard heat and a new natural gas hot water tank, On the main floor is a new washer and dryer with freshly painted interior.There is an attached oversized two car garage with additional storage, a short, paved driveway and a nice side yard for gardening and recreation.. The corner lot has been surveyed and sits on a low traffic street. The public water, sewer and natural gas, with no sidewalks make this home almost too easy to maintain! A Rare opportunity in owning One Floor Living that offers Low taxes and reasonable utility costs .Walk to Banking, Pharmacy, Restaurant's, Shopping, e
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017