16402 Lobo Lane
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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed by Exceed Realty LLC | $349,000 | |
| Listed by Exceed Realty LLC | |||
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Welcome to this beautifully renovated 4-bedroom, 2-bath corner lot home! With over $70,000 in recent upgrades, this property shines. Enjoy the versatility of a 3-car garage, one bay thoughtfully converted into a bonus room perfect for an office, gym, or play area. Prime location and stunning features make this a must-see! Be the first to take advantage of all the recent renovations and sunroom. This opportunity will not last. Contact agents with questions or a private showing.
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| Sep 22, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017