16 Richard
About This Property
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | Listed by Legacy Properties Sotheby's Int'l Realty | $1,750,000 | |
| Listed by Legacy Properties Sotheby's Int'l Realty | |||
| Jun 29, 2020 | Sold | ||
| Sold | |||
| May 13, 2020 | Listed by D.D. Cook Real Estate, Inc. | $995,000 | |
| Listed by D.D. Cook Real Estate, Inc. | |||
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Brand new construction just a few steps to sandy Jenness Beach. Custom built cape style home with gorgeous open concept kitchen/great room with access to your beautiful terrace and back yard. Kitchen is bright and open with large center island & stainless steel appliances. Hardwood floors throughout the entire home. Perfect functional mudroom/laundry room with access to your two car attached garage. Master suite with large walk in closet, master bath with double vanity and over sized tile shower. 2 additional guest bedrooms and full bathroom complete the 2nd story. Walk to the beach!!
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| Mar 19, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017