16031 Suttles Drive
About This Property
Inside, you'll find a modern, open-concept layout featuring updated flooring, fresh paint, and a remodeled kitchen with contemporary finishes, perfect for both everyday living and entertaining. The large living areas are filled with natural light, and the seamless flow between rooms offers a welcoming, airy feel.
Sitting on over an acre of land, the exterior is equally impressive. The backyard is a private oasis with a variety of mature fruit trees, lush landscaping, and a spacious patio area that showcases stunning views of the surrounding hills and city lights. Whether you're enjoying a morning coffee or hosting a sunset gathering, the outdoor space offers a peaceful and picturesque setting.
With plenty of space for a growing family, multigenerational living, or those who love to entertain, this home is a rare find. Don't miss your chance to own a turnkey property with land, views, and privacy-all just minutes from shopping, schools, and freeways.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Decreased |
$988,888
↓ $161K
(14%) | |
| Price Decreased | |||
| Oct 30, 2025 | Price Decreased |
$1,149,999
↓ $39K
(3.3%) | |
| Price Decreased | |||
| Oct 2, 2025 | Price Decreased |
$1,188,888
↓ $66K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017