16721 FREDERICK ROAD
About This Property
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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 |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Sep 23, 2026 | Listed by Keller Williams Realty Centre | $500,000 | |
| Listed by Keller Williams Realty Centre | |||
| Jun 10, 2019 | No longer available | - | |
| No longer available | |||
| Mar 12, 2019 | Sold | ||
| Sold | |||
| Jan 30, 2019 | Listed by RE/MAX Realty Centre, Inc. | $339,900 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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This adorable home has everything done for you already you just need to move in! There is an open layout on the main level plus one bedroom and a full bath. Upper level has two bedrooms and a full bath. Washer & dryer conveniently located on this upper level too! Large .84 acre lot is level and fenced in the rear with one shed. Adorable covered porch in front and covered patio /porch in rear as well! House was fully renovated in 2015 with every detail attended to: New roof, vinyl siding with extra insulation and double-pane windows. Remodeled kitchen and bathrooms. Granite kitchen sink and countertops with stainless steel appliances. New electrical wiring and plumbing. Water-proofed, 24x30 ft unfinished basement with EZ Breathe ventilation system. New HVAC with high-efficiency heat pump, electronic air filter and hot water heater. New, extra-deep well (400 ft) and water treatment system. More pics to come when listing is live. Open 12/9 1-3:00. Don t miss this amazing opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017