16508 TONAWANDA 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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed by KW PEACE RIVER PARTNERS | $425,000 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2021 | Listed by RE/MAX ANCHOR REALTY | $459,000 | |
| Listed by RE/MAX ANCHOR REALTY | |||
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Why Build? This beautiful 3 Bedroom, 2 Bath, Den, heated pool home with a 3-car garage is waiting for its new owner. This gorgeous home has a spacious kitchen and dining area, living and family room with beautiful cherry kitchen cabinetry, breakfast bar, stainless steel appliances, granite counter tops, and tile flooring throughout. This open/split floor plan features a spacious master suite with a walk-in closet. The master bath has a garden tub and separate walk-in tiled shower. Enjoy your wonderful heated, salt water pool for endless fun memories with your family and friends. Updates by the owner include accordion and electric hurricane shutters, a whole home water filtration system, tile in all rooms, plantation shutters on all windows, updated master and hall baths vanities, water heater, new refrigerator and dishwasher, as well as remote controlled ceiling fans with lights in all rooms. The deed-restricted community of Burnt Store Village offers a community park with walking paths, gazebo and playground. Burnt Store Village is just north of Burnt Store Marina where you will be able to enjoy golf, boating, fitness center and onsite restaurants (separate fees apply). Downtown Punta Gorda and Cape Coral are a short 15-minute drive where there is a large array of restaurants and town activities to be enjoyed by all. Don’t wait another minute to start enjoying the carefree SW Florida lifestyle today! Best of all--the property is NOT located in a flood zone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017