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16 REGENCY DRIVE
About This Property
Inside, you'll find a bright open-concept layout with soaring vaulted ceilings, updated flooring, and an abundance of natural light throughout the main living areas. The oversized living and dining spaces flow seamlessly into the kitchen, featuring stainless steel appliances, ample cabinet storage, a pantry, and a breakfast bar perfect for entertaining or everyday living.
The split-bedroom floor plan provides privacy for the spacious primary suite, complete with a large walk-in closet and an en-suite bathroom featuring dual vanities, a soaking tub, and separate shower. The additional bedrooms offer flexibility for family, guests, a home office, or playroom.
Step outside to enjoy the expansive backyard with plenty of room for outdoor activities, gardening, pets, or future additions. A storage shed adds extra convenience, while the peaceful wooded backdrop creates a relaxing setting.
Conveniently located close to schools, parks, shopping, dining, and just a short drive to Flagler beaches, this move-in ready home offers the perfect blend of space, value, and location.
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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 |
|---|---|---|---|
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Price Decreased |
$274,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Jun 7, 2026 | Price Decreased |
$284,000
↓ $15K
(5%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by KELLER WILLIAMS RLTY FL. PARTN | $299,000 | |
| Listed by KELLER WILLIAMS RLTY FL. PARTN | |||
| Aug 25, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $309,500 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
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You do not want to miss out on this spacious 4-bedroom, 2 bathroom brick home in a desirable neighborhood with no HOA or CDD fees. This well-maintained property boasts a new roof (2 years old) and added peace of mind with a 210 Home Buyers Warranty provided by the seller. Additionally, take advantage of a generous $3,500 seller credit towards closing costs or interest rate buy down with a full price offer. Don't miss this incredible opportunity to make this house your forever home. Contact us today to schedule a viewing! The large backyard is fully fenced and backs up to a wooded area and canal offering the privacy desired!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017