16218 SWENSON TERRACE
About This Property
Step into this breathtaking 5-bedroom, 3-bathroom masterpiece, meticulously remodeled to define MODERN LUXURY and FAMILY living at its finest. Located in a sought-after GATED community, this home offers TWO master suites for the ultimate convenience and privacy, ideal for multi-generational families or hosting guests.
At the heart of the home lies a chef's dream kitchen, featuring an expansive waterfall island, premium countertops, and top-of-the-line appliances-perfect for gourmet cooking, casual meals, and hosting unforgettable gatherings. The OPEN-CONCEPT design seamlessly connects the kitchen to SPACIOUS living and dining areas, creating a refined yet inviting atmosphere for everyday life and entertaining.
No detail has been overlooked, from high-end finishes to energy-efficient upgrades, NEW ROOF and sleek, contemporary touches, ensuring a blend of timeless elegance and modern functionality throughout the entire home. Step outside to a private, oversized backyard oasis, complete with a jacuzzi and plenty of space for relaxation or family fun.
With its perfect harmony of style, comfort, and efficiency, this home offers a rare opportunity for luxurious family living. Don't miss your chance to make this exceptional property yours-schedule a private showing today!
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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 28, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Price Decreased |
$580,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$590,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jan 25, 2025 | Listed by FUTURE HOME REALTY INC | $595,000 | |
| Listed by FUTURE HOME REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017