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16420 Sandy Shore 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 |
|---|---|---|---|
| Apr 20, 2026 | Relisted | $570,000 | |
| Relisted | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by Realty Home Advisors Inc | $575,000 | |
| Listed by Realty Home Advisors Inc | |||
| Apr 23, 2025 | Listed | $575,000 | |
| Listed | |||
| | |||
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2.3% Assumable Mortgage available. Two master suites, 1 upstairs and 1 downstairs. Open concept floor plan with lots of natural light, spacious kitchen with quartz counters and large island. There are 3 full baths with one half bath. Hurricane impact windows. Access to the Adventure Park with a lagoon pool and a 3 story waterslide and amazing amenities! dog park, fitness center, basketball, pickleball and much more! Close to A rated Schools, and new shopping and dining venues.
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About The Acreage
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,300 /mo
- 3 Beds
- 2 Baths
- 2,019 ft²
$3,250 /mo
- 3 Beds
- 2 Baths
- 1,540 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017