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16333 GULF BOULEVARD #217
About This Property
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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 |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Jun 29, 2026 | Price Decreased |
$319,000
↓ $16K
(4.8%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$335,000
↓ $11K
(3.2%) | |
| Price Decreased | |||
| Apr 4, 2026 | Price Increased |
$346,000
↑ $10K
(3%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2026
|
1 Bed
|
1 Bath
|
525 ft²
|
$336,000
1 Bed
1 Bath
525 ft²
|
$300,000
-10.71%
09/14/2026
|
Lindsey Van Deilen
INNOVATE REAL ESTATE, LLC
| |
|
02/04/2025
|
Studio
|
1 Bath
|
340 ft²
|
$185,000
Studio
1 Bath
340 ft²
|
$180,000
-2.70%
08/22/2025
|
Stephanie Brown
TOMLIN, ST CYR & ASSOCIATES LLC
| |
|
02/04/2025
|
1 Bed
|
1 Bath
|
340 ft²
|
$185,000
1 Bed
1 Bath
340 ft²
|
$175,000
-5.41%
05/23/2025
|
Stephanie Brown
TOMLIN, ST CYR & ASSOCIATES LLC
| |
|
02/04/2025
|
1 Bed
|
1 Bath
|
360 ft²
|
$195,000
1 Bed
1 Bath
360 ft²
|
$175,000
-10.26%
05/09/2025
|
Stephanie Brown
TOMLIN, ST CYR & ASSOCIATES LLC
| |
|
12/03/2024
|
1 Bed
|
1 Bath
|
555 ft²
|
$185,000
1 Bed
1 Bath
555 ft²
|
$149,000
-19.46%
01/10/2025
|
Elle Schwandt, LLC
THE SEASIDE REAL ESTATE STORE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017