16 Tall Timber Dr
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 24, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$550,000
↓ $49K
(8.2%) | |
| Price Decreased | |||
| Jul 23, 2025 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by BKaye Realty | $615,000 | |
| Listed by BKaye Realty | |||
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What a rock star this house is!! Located in one of the hottest neighborhoods in town, this deceptively large home has all kinds of bells and whistles. Situated on nearly an acre corner lot, this 3/4 bedroom 3 bath house has a large deck, plenty of yard to entertain, a fire pit and even a sports court with the perfect dimensions for pickle ball!! Inside you get to enjoy an updated kitchen and baths, a living room, a family room with a fireplace for those cold nights PLUS additional radiant heat in the first floor and a high efficient tankless hot water system. A formal dining room an office that could be a 4th bedroom and even a three season porch. Want more? Well the basement offers another game/theater room with a movie screen that can stay if you want, another mini-kitchen, and full bath (in-law suite maybe?). PLUS you even have a secret room with a hidden door. This house has so much to offer with nothing to do but move in. What are you waiting for? It won't last.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017