12
Map
16506 Park Douglas Drive
About This Property
This property features an updated kitchen and bathrooms, along with a spacious and functional layout filled with natural light. The open living areas provide a comfortable flow for both everyday living and entertaining.
The home was updated but could benefit from fresh paint and minor cosmetic touch-ups, making it a great opportunity for buyers to add their own finishing touches while creating great value and instant equity.
Large backyard with plenty of room for outdoor enjoyment. Conveniently located near major highways, shopping, dining, parks, and schools with easy access to the Energy Corridor and surrounding areas.
Great value for homeowners or investors. Schedule your private showing today!
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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 |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 28, 2026 | Listed by Karen Davis Properties | $229,900 | |
| Listed by Karen Davis Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017