16438 Rudder 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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Nov 26, 2024 | Listed by RE/MAX ONE - Premier | $339,000 | |
| Listed by RE/MAX ONE - Premier | |||
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Searching for more space? 16438 Rudder has just that! Situated on a corner lot, this updated home sits on just under half an acre. The expansive backyard features a double gate off Chart Street, providing easy access to the back lot for storage or any other additional use. The exterior offers a screened-in porch and a 12-zone sprinkler system. Upon entering, you're greeted by high ceilings in the entryway that continually boast throughout. The open-concept design seamlessly flows from the living area into the kitchen, where the stunning marble details connect the kitchen to the living area fireplace. The same beautiful marble is featured throughout both bathrooms, paired perfectly with elegant counter-tops. The en-suite primary bath is a true retreat, complete with an extended soaker tub, a large walk-in shower, and double sinks. Custom touches showcase the attention to detail that makes this property truly special. What the homeowners haven't updated, they've meticulously maintained.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017