16036 3RD STREET
About This Property
Welcome to your dream home in the heart of Umatilla! This beautifully updated 3-bedroom, 2-bathroom residence offers the perfect blend of modern amenities and serene country living. Nestled on over half an acre of fully fenced land, this property provides ample space for relaxation and recreation.
As you step inside, you'll be greeted by a spacious open-concept living, dining, and kitchen area, accentuated by a cathedral ceiling that enhances the sense of openness. The recently remodeled kitchen boasts stainless steel appliances, including a gas range, and a convenient breakfast bar that -ideal for both casual meals and entertaining.
The thoughtful split-bedroom layout ensures privacy, with the primary suite featuring a generous walk-in closet and an en-suite bathroom. Two additional bedrooms offer flexibility for family, guests, or a home office.
Outdoor enthusiasts will delight in the expansive screened-in saltwater pool, complete with a gas heater for year-round enjoyment.
For those with recreational vehicles or boats, the property includes a 22x25 parking pad with double gate access, separate from the main entrance, ensuring secure and convenient storage.
Significant upgrades within the past two years offer peace of mind, including a whole-house water filtration system, new attic insulation, a new pool pump and heater, a sturdy wood fence, fresh carpeting, and a modern kitchen remodel. Additionally, the AC unit was replaced in 2024, the roof in 2016, windows in 2021, and the gas water heater in 2022.
Located just five minutes from local shopping and dining options, yet surrounded by picturesque farms and countryside, this home offers the best of both worlds. Plus, it's situated in a USDA-eligible area, making 0% down financing available for qualified buyers.
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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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$330,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Feb 4, 2025 | Price Decreased |
$339,500
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jan 21, 2025 | Listed by FLORIDA HOMES & LOANS INC. | $344,900 | |
| Listed by FLORIDA HOMES & LOANS INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017