16531 Hoyt
About This Property
The home will require numerous cosmetic updates and repairs, presenting an opportunity for buyers looking to add their own personal touches or invest in improvements. With a desirable layout and location, this property has plenty of potential. Schedule your showing today to see the possibilities for yourself.
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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 |
|---|---|---|---|
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Price Decreased |
$176,000
↓ $39K
(18.1%) | |
| Price Decreased | |||
| May 31, 2024 | No longer available | - | |
| No longer available | |||
| May 18, 2024 | Price Decreased |
$214,900
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Apr 29, 2024 | Listed by NextHome, Inc | $219,900 | |
| Listed by NextHome, Inc | |||
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Located at the end of a quiet street, this one level ranch style home features an open floor plan with a gas fireplace in the living room, a divided bedroom floor plan for some additional privacy, and upgraded stainless steel appliances in the kitchen. The master bedroom features an en-suite bathroom complete with double vanity, jetted tub and separate shower. You aren't going to want to wait on this one! Give us a call today to see if this could be your next home! The manager has listed the unit size as 1470 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017