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16735 OLIVAUD STREET
About This Property
open floor plan with vaulted ceilings, plank flooring, and sliding glass doors. Updated kitchen with stainless
appliances and refreshed cabinetry. Spacious primary suite with oversized closets and updated bath featuring
double vanity and enclosed shower. Guest bedroom with walk-in closet and guest bath with tub. Screened
lanai, covered carport, attached workshop, indoor W/D hookups, and lush landscaping. Land owned with low
monthly fee. Community amenities include pool, clubhouse, shuffleboard, and boat/RV storage (subject to
availability). Convenient to shopping, dining, US-19, and Gulf beaches.
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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 |
|---|---|---|---|
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Aug 9, 2026 | Price Decreased |
$145,000
↓ $15K
(9.3%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$159,900
↓ $10K
(5.9%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by RE/MAX SUNSET REALTY | $169,900 | |
| Listed by RE/MAX SUNSET REALTY | |||
| Nov 27, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017