16624 Flying Jib Road
About This Property
The dream kitchen boasts quartzite countertops, premium designer appliances, and a scullery for effortless entertaining. On the lake level, enjoy a fully equipped bar/kitchen with dishwasher, ice maker, beverage fridge, and an 11x9 custom glass wine cellar that holds over 300 bottles. Glass doors lead to a dedicated workout room with rubber flooring. Additional upgrades include: Custom closet systems throughout, epoxy-coated garage floors, refinished hardwoods and new carpet, three new A/C units and two new furnaces, relax on the deck with sleek glass railings and take in serene lake views. There's even room for a pool-renderings available to spark your imagination. This home is more than a residence; it's a lifestyle. Every inch has been thoughtfully curated for modern living with timeless appeal.
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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 27, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Price Decreased |
$3,999,000
↓ $300K
(7%) | |
| Price Decreased | |||
| Dec 31, 2025 | Price Decreased |
$4,299,000
↓ $100K
(2.3%) | |
| Price Decreased | |||
| Nov 19, 2025 | Listed by Ivester Jackson Christie's | $4,399,000 | |
| Listed by Ivester Jackson Christie's | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017