16126 Spinnaker Drive
About This Property
Enjoy natural light pouring through the many windows in the breakfast area overlooking the backyard. Step outside to a charming courtyard off the dining room, perfect for morning coffee or quiet evenings. The covered patio and large backyard with a new fence provide plenty of space for gatherings, pets, or play. Additional highlights include a long driveway, 2-car garage, and a roof replaced in 2024 for added peace of mind. This home combines comfort, charm, and functionality in a great location!
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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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$244,900
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Jun 8, 2026 | Price Decreased |
$254,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| May 12, 2026 | Listed by Red Door Realty & Associates | $259,900 | |
| Listed by Red Door Realty & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017