16761 Robert Lane
About This Property
The expansive formal dining room provides an inviting setting for cherished family gatherings. The primary suite, conveniently located on the main level, offers two spacious closets and a full attached bathroom for ultimate convenience and privacy. Two additional main-floor bedrooms, currently configured as an office and guest suite, boast thoughtful built-in features to enhance functionality. A unique addition to the original floorplan is the expansive family room and an upstairs fourth bedroom with its own private bathroom and walk-in closet, offering exceptional flexibility.
The meticulously landscaped grounds are a true oasis, featuring soothing water features in both the front and rear yards, including a tranquil koi pond and a delightful array of fruit-bearing trees. Situated in a prime location within this well-established neighborhood, this home showcases a true pride of ownership that awaits its next discerning residents.
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by Regency Real Estate Brokers | $1,475,000 | |
| Listed by Regency Real Estate Brokers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017