16212 Quality Lane
About This Property
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 20, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed by RE/MAX Harbor Country | $1,100,000 | |
| Listed by RE/MAX Harbor Country | |||
| Jun 17, 2020 | Sold | ||
| Sold | |||
| Apr 9, 2020 | Listed by @properties Christie's International R.E. | $575,000 | |
| Listed by @properties Christie's International R.E. | |||
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Charming New Construction in the heart of Union Pier. This modern cottage features an open floor plan, beautiful oak hardwood floors and a fireplace framed by custom contemporary shelves. The expansive screen porch is located off the great room, kitchen and bedroom. The pristine kitchen with quartz countertops, open shelves, and stainless steel appliances will be a delight for the chef in your family. The master bedroom and bathroom are located on the main level as well as the laundry room. As an added bonus there is a junior master suite and bath on the second level and two additional guest rooms and a bath. The property has enough room to add a pool or garage for all your beach toys. Enjoy summer walks to the beach and the quaint shops in Union Pier. Call for your private tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017