1612 16TH STREET
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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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed by FLORIDA REALTY RESULTS LLC | $265,900 | |
| Listed by FLORIDA REALTY RESULTS LLC | |||
| Aug 6, 2025 | Listed | $279,900 | |
| Listed | |||
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Fantastic home, new to market! Just refurbished and ready for new owner. Large corner lot in quiet St. Cloud
neighborhood. All tile and new vinyl plank flooring, wooden kitchen cabinets, ceiling fans, sliding glass door, exterior siding and paint, interior paint. Single carport with laundry hookups in carport shed. UPDATES: New roof; June 2025, New Water Heater; 2024, Outside electric service new; July, 2025, New AC; 2023. This home is priced to sell and will not last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017