16554 Rocky Mountain Rd
About This Property
Set on 1.16 south facing acres, the property offers 2,160 square feet of well designed living space filled with natural light and contemporary finishes. The open floor plan is centered around a beautifully appointed kitchen featuring a large island, stainless steel appliances, abundant cabinetry, and seamless flow into the dining and living areas, creating an ideal setting for everyday living and entertaining.
Large windows throughout the home frame the surrounding landscape while filling the interior with sunlight. Multiple living spaces, including a separate family room, provide flexibility for gatherings, hobbies, media space, or quiet retreat.
The spacious primary suite offers a private escape with dual vanities, a walk in shower, soaking tub, and generous walk in closet. Two additional bedrooms and a full bath are thoughtfully positioned on the opposite end of the home, providing privacy and functionality for family or guests.
A standout feature is the oversized flex room, easily suited for a home office, game room, fitness space, additional living area, or potential fourth bedroom.
Exceptionally clean and well maintained, the home showcases updated finishes, recessed lighting, and true move in ready condition throughout.
Outside, the usable 1.16 acre lot offers room to spread out, garden, recreate, or add future improvements. A concrete patio provides the foundation for outdoor living, while low maintenance landscaping keeps upkeep simple. The property is served by a shared well and septic system.
Offering the space of a much larger home, modern construction, multiple living areas, and close proximity to year round recreation, this property delivers exceptional value in today's market.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$575,000
↓ $24K
(4%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$619,000
↓ $31K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017