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16735 Picardy Way
About This Property
SEVEN BRIDGES OFFERS FIVE STAR AMENITIES INCLUDING A RESTAURANT, 3 POOLS, DYNAMIC TENNIS PROGRAM, GYM, INDOOR BASKETBALL, AND SO MUCH MORE...
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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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Signature Int'l Premier Properties | $2,450,000 | |
| Listed by Signature Int'l Premier Properties | |||
| | |||
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**Seller Motivated** Price IMPROKEMENT! REDUCED 100,000!!!** Must See! AMAZING HOME LOCATED ON MODEL ROW IN SEVEN BRIDGES! NO UPGRADE WAS FORGOTTEN! BEAUTIFUL WOOD FLOORS, CUSTOM KITCHEN WITH WET BAR, GORGEOUS WALL UNITS AND CUSTOM SHELVES THROUGHOUT THE HOUSE. OVERSIZED POOL AND PATIO WITH BREATH TAKING LONG LAKE VIEWS, LARGE COVERED PATIO WITH PHANTON SCREENS AND BUILT IN BBQ AREA. A MUST SEE.. SEVEN BRIDGES OFFERS FIVE STAR AMENITIES INCLUDING A RESTAURANT, 3 POOLS, DYNAMIC TENNIS PROGRAM, GYM, INDOOR BASKETBALL, AND SO MUCH MORE...
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| May 16, 2020 | Sold | ||
| Sold | |||
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About Palm Beach
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$10,000 /mo
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- 3,582 ft²
$8,000 /mo
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- 1,311 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017