16563 Barbee
About This Property
The exterior offers a detached two-car garage and a spacious backyard suitable for a variety of outdoor activities. A significant advantage of this property is the pre-prepared foundation for an accessory dwelling unit (ADU), providing excellent potential for future expansion or supplemental income. Ideally situated within walking distance of retail centers, financial institutions, parks, and dining establishments, this residence offers an ideal balance of immediate convenience and long-term investment value.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Increased |
$550,000
↑ $112
(0%) | |
| Price Increased | |||
| Sep 1, 2026 | Price Decreased |
$549,888
↓ $9K
(1.6%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by RE/MAX CHAMPIONS | $558,888 | |
| Listed by RE/MAX CHAMPIONS | |||
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About Fontana
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017