16338 Southampton Drive
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 |
|---|---|---|---|
| Dec 10, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by Realty ONE Group Iconic | $287,500 | |
| Listed by Realty ONE Group Iconic | |||
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RECENT PRICE REDUCTION!! Come see this wonderful entertainers dream home on a large corner lot. Location, Location, Location...nearby shopping, schools and dining are just blocks away! The kitchen was just fully updated w/ all new appliances, counter tops and beautiful finishes. The large cozy living room features a fireplace & beautiful built-in cabinet/shelves. The large master bedroom is located on the first floor and has a well appointed bathroom, which features granite counter tops, frameless glass shower enclosure, and his/her closets. Fun times await in the 2nd floor game room, which features built-in shelves, a bar counter and mini fridge. If you need to get some fresh air, just step out of the game room onto the balcony that overlooks the gorgeous pool. Now the backyard...just wait till you see this. The large covered patio is perfect for entertaining while enjoying the pool. Pool bathroom is located just off the patio. Never flooded!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017