26
Map
16735 Newlight Bend Drive
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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Keller Williams Signature | $383,000 | |
| Listed by Keller Williams Signature | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Listed | $389,000 | |
| Listed | |||
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This brand-new, fully renovated home boasts over $140,000 in upgrades, including two new kitchens, new flooring, new cabinets, new countertops, new bathrooms, new doors, new AC, new lighting fixtures, new window shutters, a new roof, and is located in a gated community with a low 2.1% tax rate (before homestead) in the best location with easy access to everything.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017