16204 North Shore Drive
About This Property
full bathroom, walk-in closet and one additional closet. One of the secondary bedrooms offers a half-bath. Half of the detached garage
has been converted to a studio with half-bath, laundry and window AC unit. The other half is used as storage or multiple other
possibilities. Come take a look at this home in a quiet neighborhood on an oversized lot.
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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 |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by Nan & Company PropertiesChristie's International R | $279,900 | |
| Listed by Nan & Company PropertiesChristie's International R | |||
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This home has been cared for and well maintained by the current owners. Recent AC, roof and water heater. Primary bedroom offers a
full bathroom, walk-in closet and one additional closet. One of the secondary bedrooms offers a half-bath. Half of the detached garage
has been converted to a studio with half-bath, laundry and window AC unit. The other half is used as storage or multiple other
possibilities. Come take a look at this home in a quiet neighborhood on an oversized lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017