1604 16th Pl
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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | Listed by Porchlight Real Estate Group | $599,999 | |
| Listed by Porchlight Real Estate Group | |||
| | |||
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Tucked in the interior of the beautifully maintained West Point Village neighborhood, a 55+ Senior Community, you'll find this gem of a home. Come and enjoy plenty of room for you and visitors both indoors and out. The large foyer leads to a bright, spacious great room suitable for formal dining. The kitchen has been updated with stainless appliances, new countertops and additional lighting. New laminate flooring for easy maintenance and long-term beauty has been installed. The sunroom leads to your beautiful Fiberon deck surrounded by wrought iron railing and retractable awning for outdoor living and entertaining. The primary bath boasts quartz countertops and a huge walk-in closet. The stainless washer and dryer are included. In the basement, there's another large living space, an additional bedroom with a huge closet and a 3/4 bath. Finished and unfinished storage space abound.
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| Dec 12, 2018 | Sold | ||
| Sold | |||
| Nov 8, 2018 | No longer available | - | |
| No longer available | |||
| Nov 1, 2018 | Price Decreased |
$434,900
↓ $15K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017