16216 Murcott Boulevard
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by Choice Plus Real Estate | $675,000 | |
| Listed by Choice Plus Real Estate | |||
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Luxury Acreage Living with an Enthusiast's Dream Workshop & Equestrian Potential!
Discover the perfect blend of country charm and robust functionality at this exceptional CBS home on 1.5 fully fenced, meticulously manicured, street-to-street acres! CBS 3/2 HOME Perfect for Auto Enthusiasts! DETACHED 30X42 GARAGE/SHOP WITH A LIFT, AC, HEAT, WATER AND 220. 3 ROLL UP DOORS, UPSTAIRS ACCESS AND ALARM SYSTEM. PERFECT SET UP FOR RV. PADDOCK FOR THE HORSES. MAIN HOUSE HAS NEWER ROOF, SPLIT PLAN, GREAT ROOM. SEPARATE ALARM SYSTEM, SPRINKLER SYSTEM, FENCING HAS 3 SEPARATE GATES. Newer Washer and Dryer! AC Coils replaced in 2022! Above Ground pool! Primary Suite features a spa tub & Walk-in Shower!
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| Aug 18, 2025 | Price Decreased |
$685,900
↓ $14K
(2%) | |
| Price Decreased | |||
| Jun 10, 2025 | Price Decreased |
$699,900
↓ $30K
(4.1%) | |
| Price Decreased | |||
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About The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017