16218 UMBRIA PLACE
About This Property
Beyond your front door, enjoy first-class resort amenities, including a championship golf course, resort-style pool, clubhouse, full-service spa, fitness and wellness programs, and concierge services. Indulge in a culinary experiience at the Bahama Bar or on-site restaurant, stay active with tennis, pickleball, and scenic walking trails, and let your furry friends enjoy the dedicated dog park. With maintenance-free living in a gated community, this home offers the perfect blend of luxury and convenience.
Experience the best of Esplanade living-schedule your private showing today! *Seller will consider selling partially furnished
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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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| May 26, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Price Decreased |
$1,050,000
↓ $100K
(8.7%) | |
| Price Decreased | |||
| Feb 22, 2025 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Feb 13, 2025 | Listed by COLDWELL BANKER REALTY | $1,200,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017