16011 Southampton Drive
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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by Keller Williams Realty Northeast | $295,000 | |
| Listed by Keller Williams Realty Northeast | |||
| Apr 10, 2025 | Price Decreased |
$299,000
↓ $16K
(5.1%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $315,000 | |
| Listed | |||
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**ASSUMABLE VA LOAN** This Texas style two-story colonial home features a functional floor plan w/ modern upgrades throughout! Enjoy quality laminate flooring—no carpet—and a NEW ROOF pending for peace of mind. The spacious living room boasts a brick FIREPLACE w/ a wall-to-wall hearth, while the breakfast room w/ a COFFEE BAR overlooks the space, creating an inviting flow. The kitchen showcases granite, shaker cabinets, and GAS COOKING for the home chef. The primary suite downstairs offers TWO CLOSETS, plus an EXTRA BEDROOM DOWN that makes a perfect HOME OFFICE option or guest room. Storage is unmatched with 9 closets! Upstairs, find two more bedrooms and a large GAME ROOM w/ built-ins. Outside, enjoy a detached garage and a spacious backyard. Don't miss the updated whole-home gutter system! Located in a community with a pool, parks, DOG PARK, and tennis courts, & miles of WALKING TRAILS! Only STEPS away from dining & shopping, plus major highways around the corner for easy commutes!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017