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16826 Short Pines Drive
About This Property
One of this home's standout features is the **assumable loan with an incredible 3.5% interest rate** (subject to lender approval), offering a rare opportunity for qualified buyers to potentially secure a significantly lower rate than today's market.
Step outside to enjoy a generously sized backyard that provides plenty of space for pets, play, or entertaining while remaining easy to maintain. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this home combines functionality, value, and an exceptional opportunity.
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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 16, 2026 | Listed by Garza International Properties | $210,000 | |
| Listed by Garza International Properties | |||
| Aug 8, 2026 | Listed by Garza International Properties | $220,500 | |
| Listed by Garza International Properties | |||
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Welcome to this charming **3-bedroom, 2-bath** home featuring a bright, open-concept floor plan designed for comfortable everyday living and effortless entertaining. The spacious living, dining, and kitchen areas flow seamlessly together, creating a warm and inviting atmosphere.
One of this home's standout features is the **assumable loan with an incredible 3.5% interest rate** (subject to lender approval), offering a rare opportunity for qualified buyers to potentially secure a significantly lower rate than today's market.
Step outside to enjoy a generously sized backyard that provides plenty of space for pets, play, or entertaining while remaining easy to maintain. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this home combines functionality, value, and an exceptional opportunity.
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Property Highlights
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Price/ft²
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About Montgomery
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Last Updated: 16 days ago
Data Source: HAR , MLS# 39367295
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Address: 335 Madison Avenue, New York, NY 10017