16609 Sumptuous DR
About This Property
The open-concept main living area and kitchen feature stylish dark brown LVP flooring, perfect for seamless entertaining, while all bedrooms offer comfortable carpeting. Secondary bedrooms share a full bath with a linen closet. Relax in the private master retreat complete with double vanities, a separate shower and soaking tub, and a spacious walk-in closet.
Built for efficiency and sustainability, this home includes fully owned solar panels (no lease or loan!), front and back irrigation, full gutters, and connection to the neighborhood's state-of-the-art geothermal system. Note: To maintain and service the community geothermal grid, there is a monthly fee of $62 paid directly to EcoSmart.
The attached 2-car garage features a garage door opener and a 220V outlet pre-wired for EV charging. Bonus: Refrigerator, washer, and dryer are all included!
Enjoy resort-style amenities including a community pool, fitness center, clubhouse, dog park, organic gardens, miles of hiking/biking trails, and ultra-fast Google Fiber throughout the neighborhood.
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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 18, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by Watters International Realty | $349,000 | |
| Listed by Watters International Realty | |||
| Jun 24, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 24, 2026 | Price Decreased |
$349,999
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 28, 2026 | Price Decreased |
$359,999
↓ $19K
(5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017