16612 AUBURNDALE LANE
About This Property
This unique parcel blends privacy, comfort, and long-term potential, making it ideal for a custom home or investment opportunity. The property is not located in a flood zone, adding additional peace of mind. A well (approximately 160 feet deep), septic system, and power pole are currently on site; however, their condition and functionality are unknown.
Any existing utilities are not guaranteed. Buyer to independently verify availability, condition, and functionality.
Enjoy the space, freedom, and opportunity to create the lifestyle you've been dreaming of!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by REAL BROKER, LLC | $230,000 | |
| Listed by REAL BROKER, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017