16 Suffolk Down
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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%.
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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.
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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 23, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Listed by Howard Hanna Coach | $575,000 | |
| Listed by Howard Hanna Coach | |||
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Welcome Home to this captivating 3-bedroom ranch nestled in the desirable Shoreham community. This property harmoniously blends comfort, luxury, and practicality, offering a lifestyle that’s both inviting and convenient.
Step inside to discover an open floor plan that perfectly integrates the living spaces. The Eat-In Kitchen is thoughtfully designed for everyday functionality, while the living room boasts cathedral ceilings and a custom-built bookcase, adding architectural elegance. Throughout the home, hardwood floors provide an ambiance of warmth and sophistication.
The primary suite is a private retreat, featuring a brand-new, spa-like bathroom complete with a double shower. Skylights flood the home with natural light, complemented by recessed high-hat lighting, creating an airy and modern vibe.
Recent updates enhance both comfort and value, including two newly renovated bathrooms, a new roof and central air conditioning. A whole-house water filtration system ensures clean and refreshing water throughout.
Outdoors, you’ll find a backyard oasis with a 20x40 in-ground saltwater pool, surrounded by lush landscaping—an ideal setting for relaxation and leisure. Practical features include a 1-car garage, a basement for storage or future expansion, and a Level 2 electric car charger hook-up, catering to eco-conscious living.
The property also boasts private deeded beach rights. Enjoy exclusive access to a beach complete with bathrooms and lifeguards during the summer, and opportunities for swimming, kitesurfing, kayaking, fishing, or simply unwinding by the shore.
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| Sep 18, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $329,999 | |
| Listed | |||
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Charming 3 Br, 2 Bath L - Shaped Ranch North Of North Country Rd. Formal Dining Rm, Eik, Den W/ Gas Fp. Vaulted Ceilings, Hardwood Flooring. Master Br W/ Spacious Master Bath & Wic. Private Yard With Ing Pool. ShedThe manager has listed the unit size as 1440 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017