16031 Cloud Nine Court
About This Property
The heart of the home showcases an open-concept layout where the kitchen, dining, and family room flow seamlessly together-perfect for everyday living and effortless entertaining. The kitchen features abundant counter space, a large island, and a walk-in pantry, all designed to keep you connected while hosting gatherings.
8 foot sliding glass doors opens to an outdoor living space.
The private Owner's Retreat provides a peaceful escape, complete with a spacious bedroom and a well-appointed bath design with luxury Super Shower. Secondary bedrooms are thoughtfully positioned to offer privacy and convenience.
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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 |
|---|---|---|---|
| Aug 29, 2026 | Listed by David Weekley Homes | $697,492 | |
| Listed by David Weekley Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017