16 Sparrow Lane
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Coldwell Banker American Homes | $999,000 | |
| Listed by Coldwell Banker American Homes | |||
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Welcome to this unique and expansive home located in the desirable Levittown community! This rare 8-bedroom, 3-bathroom property sits on an oversized lot and and features a brand new roof, offering an abundance of indoor and outdoor space for comfortable living and entertaining. A classic Levitt home with a twist, this residence features a thoughtfully designed extension that functions as a separate living area—perfect for a possible mother/daughter setup (with proper permits). Whether you're looking to accommodate extended family or create a private guest suite, the flexible layout offers endless possibilities. The main home boasts bright and spacious living areas, a well-appointed kitchen, generous bedrooms, and updated bathrooms. The extension adds additional living space complete with its own entrance, kitchen area, and bedrooms, making it ideal for privacy and independence.
Outside, enjoy a large backyard with room to expand, garden, or entertain, all set on a quiet residential street close to schools, parks, shopping, and major highways. Don't miss your chance to own this versatile and rarely available home in Levittown—perfect for growing families or those seeking extra space and flexibility!
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| Jan 17, 2018 | Sold | ||
| Sold | |||
| Dec 13, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017