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16606 John Davis RD
About This Property
This beautiful 2-bedroom 1 bath home has an open concept plan with a large living room open to the dining and kitchen. The breakfast bar has seating for 4! The living, dining, kitchen have vaulted ceiling with beam and ceiling fans and updated lighting by the current owner. There are two large bedrooms and 1 bath with cute beachy color paint colors! The bathroom is spacious and has 1 sink, nice size linen closet, tub/shower combo with cute bead board accent walls and cute flamingo and cleat towel holders! The kitchen has nice cabinet space with cute starfish pulls and the recently added pantry closet has a lot of storage too. The dining area has room for a nice dining table and new rattan light fixture. There is new luxury vinyl plank flooring throughout. Recent designer paint accent walls in the bedrooms and the bathroom cabinets/bead board walls were painted a beachy color! The hurricane doors were added when the siding replacement was done.
There is a recent paint job on the exterior and some siding updated with hardi-plank and the front near the door has cute scalloped hardi-plank sideing for an accent. Under the carport/patio was insulated and covered with hardi sheets and painted to insulate the house more. An outdoor shower was added in the past few months with hot and cold water. The large, covered patio/carport area has a table with 6 chairs, 2 rockers, 1 swing for relaxing under the new outdoor ceiling fan! The laundry closet is off the living room between the bedrooms. There is another linen closet by the kitchen. Lots of storage since the bedrooms both have nice sized closets.
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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%.
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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 |
|---|---|---|---|
| Jan 28, 2026 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Sep 26, 2025 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 29, 2025 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Apr 21, 2025 | Price Decreased |
$369,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017