16160 Preservation Boulevard
About This Property
Sustainability and resilience are paramount here; both Hurricane Ian and Hurricane Milton left us unscathed. Babcock Ranch experienced no loss of power or flooding, thanks to homes built to the latest hurricane safety standards. *some photos have virtual staging.
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| Feb 18, 2025 | Price Decreased |
$925,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Jan 20, 2025 | Price Decreased |
$950,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
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- 1,685 ft²
$2,450 /mo
- 3 Beds
- 2 Baths
- 1,300 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017