16 Stuart Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Douglas Elliman Real Estate | $829,000 | |
| Listed by Douglas Elliman Real Estate | |||
| |||
|
Welcome to a charming and bright colonial home set on a lovely block in the heart of Malverne. First floor features an open layout with a patio entryway, spacious living room with a fireplace, formal dining room, large eat in kitchen with stainless steel appliances and quartz countertops an updated powder room and door leading to an enormous backyard with a one car garage, above ground pool and gazebo. Upstairs, discover three spacious bedrooms, all with ample closet space along with a gorgeous bathroom featuring a double vanity and beautiful tiles. Third level leads you to a full unfinished attic - perfect for storage. The lower level offers an empty palette basement which can be transformed into a desired space, with an existing laundry room and mechanicals. This home is perfect for the entertainer. It truly is one of a kind!
| |||
| Dec 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 9, 2024 | Listed by Douglas Elliman Real Estate | $849,993 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Welcome to 16 Stuart Ave, A Newly Renovated Colonial in the Heart of Malverne! This Property Sits on a 40x130 Ft Lot And Offers A Huge Backyard Oasis Perfect For Entertaining & Relaxing. The Spacious Main Floor Features an Oversized Foyer, Living Room W/ Fireplace, Formal Dining Room, Eat-in Kitchen with Breakfast Nook, & Half Bath. The 2nd Floor Has A Large Primary Room W/ Sitting Area, 2 Additional Bedrooms, A Full bath, & Walk-up to a Unfinished Attic That Could Be Used As A 4th Bedroom or Den. The Basement Includes A Laundry Room, Workshop, Utilities, & Plenty of Room for Needed Storage. In Addition to Everything, There's an Above Ground Salt-Water Pool, Large Gazebo, Detached 1-Car Garage, & More. Conveniently Located To Transportation, LIRR, Village of Malverne Shops & Restaurants, Make This Move-In Ready Home Yours Today!, Additional information: Appearance:Excellent!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Malverne
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,770 /mo
- Studio
- 1 Bath
- 471 ft²
$4,200 /mo
- 3 Beds
- 1 Bath
- 3,414 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017