16006 Broadwater Drive
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed by Martha Turner Sotheby's International Realty | $485,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Mar 6, 2025 | Listed | $498,000 | |
| Listed | |||
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Located on the golf course, this custom-built home by Eppers & Wakefield offers luxurious living with stunning views. Double entry doors lead into a welcoming hall with ceiling beams and custom lighting. The spacious living room features a cozy fireplace with custom built-ins, seamlessly flowing into the kitchen and dining area. The chef's kitchen is equipped with a large granite island, custom cabinets, quartz counters, and double ovens. The primary suite boasts views of a sculptural water feature, a luxurious bath, and an expansive closet with an island. A versatile study, two additional bedrooms, and a full bath are all located on the first floor, while the second floor offers a private suite with a bedroom, den, full bath, and large flex room. Plantation shutters throughout, a combined mudroom and utility room with sink, and a custom storage shed with an expanded workbench complete this exceptional home.
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About Newport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017