16400 GULF BOULEVARD #310
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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Dec 8, 2025 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $200,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2025
|
Studio
|
1 Bath
|
400 ft²
|
$200,000
Studio
1 Bath
400 ft²
|
$188,000
-6.00%
03/20/2026
|
Sandy Hartmann
KELLER WILLIAMS RLTY SEMINOLE
| |
|
11/04/2022
|
Studio
|
1 Bath
|
400 ft²
|
$329,988
Studio
1 Bath
400 ft²
|
-
-
|
Brandon Rimes
KELLER WILLIAMS REALTY
| |
|
04/29/2021
|
Studio
|
1 Bath
|
400 ft²
|
$259,900
Studio
1 Bath
400 ft²
|
$255,000
-1.89%
08/10/2021
|
Kim Beiningen
CENTURY 21 BEGGINS ENTERPRISES
| |
|
04/01/2021
|
2 Bed
|
1 Bath
|
910 ft²
|
$432,123
2 Bed
1 Bath
910 ft²
|
$415,000
-3.96%
06/07/2021
|
Terril Goudie
COLDWELL BANKER RESIDENTIAL
| |
|
03/22/2021
|
1 Bed
|
1 Bath
|
700 ft²
|
$350,000
1 Bed
1 Bath
700 ft²
|
-
-
|
Jill Giordano
RE/MAX ALL STAR
| |
|
05/29/2020
|
Studio
|
1 Bath
|
400 ft²
|
$259,900
Studio
1 Bath
400 ft²
|
-
-
|
-
| |
|
03/01/2020
|
1 Bed
|
1 Bath
|
675 ft²
|
$275,000
1 Bed
1 Bath
675 ft²
|
-
-
|
Stan Chow
KELLER WILLIAMS GULF BEACHES
| |
|
06/07/2019
|
Studio
|
1 Bath
|
400 ft²
|
$285,000
Studio
1 Bath
400 ft²
|
-
-
|
Kim Beiningen
CENTURY 21 BEGGINS ENTERPRISES
| |
|
03/27/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Ann Fleeting
NextHome Beach Time Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017