16062 Nelson Street
About This Property
3 car driveway, AC, new dimmable ceiling lighting throughout, skylights, new ceiling fans, new custom lighting in bathrooms, custom built-in closet organiszers, walk in closet in the main level primary bedroom, beautiful New modern gas fire pit, attic with pull down access stairs in the garage, professional grade kitchen appliances, surveillance camera system with no subscription needed, very largesaltwater pool & spa, wood & gas burning fireplace, new artificial turf, new upgraded electrical panel, new modern doors w/new hardware, semi open lifestyle living with plenty of room for family, friends & entertaining, plus many more special features.
Come to the open house and take a look at this home because it may be your PERFECT HOME, but it WILL SELL FAST so come see you today!!!
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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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | Listed by Douglas Elliman of California | $1,263,000 | |
| Listed by Douglas Elliman of California | |||
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About Westminster
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017