16 Ward Street
About This Property
The main level features hardwood floors, recessed lighting, and an inviting family room anchored by a wood-burning fireplace. Large sliding glass doors bring in natural light and open directly to the fenced backyard and patio. The kitchen and dining area are built for daily living and entertaining, complete with a center island, stainless steel appliances, tile backsplash, and generous workspace. A separate flex room with its own private entrance adds valuable versatility for a home office, guest space, playroom, or potential professional use.
Upstairs, the private primary suite offers great natural light, a sitting room, an additional bedroom, and a full bath with a standing shower. Additional highlights include an attached garage, two separate driveways offering flexible off-street parking, wall AC units, baseboard heat, laundry area, and an unfinished walkout basement with a half bath, ideal for storage, recreation, or future expansion.
The basement also features a Weil-McLain Ultra boiler system paired with a SuperStor Ultra indirect hot water tank, adding a strong mechanical component to the home's overall functionality. If you want a home that works as hard as you do, 16 Ward St is ready to impress. Schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017