16689 Narrows Drive
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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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Echo Fine Properties | $1,850,000 | |
| Listed by Echo Fine Properties | |||
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Incredible opportunity in coveted Jonathans Landing Country Club! Completely renovated & steps from the club house, this home will impress the most discerning buyer. Completely remodeled with a seamless open floor plan that is ideal for entertaining. The custom kitchen features bespoke cabinetry, 3 Miele ovens, SubZero refrigerator/freezer, 2 wine refrigerators, Wolf cooktop, & Vermont Imperial Danby marble countertops. Designer lighting and fixtures throughout, newly built pantry & laundry rm, recently renovated baths & powder room. Peace of mind with hurricane impact glass, AC (2023), Roofs (2023/2025) and MORE. Enjoy an active lifestyle with golf, tennis, pickleball, wellness center, dining, & 24-hour guard gates. Membership is optional. Room for a pool/ plans for 3/4 bedroom available!
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| Oct 14, 2014 | Sold | ||
| Sold | |||
| Aug 5, 2014 | Listed by Illustrated Properties LLC (Jupiter) | $575,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017