16969 SW 40TH CIRCLE
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed by REMAX/PREMIER REALTY | $289,999 | |
| Listed by REMAX/PREMIER REALTY | |||
| May 18, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by RE/MAX ALLSTARS REALTY | $270,000 | |
| Listed by RE/MAX ALLSTARS REALTY | |||
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Under Construction. Get into this BRAND NEW 3/2/2 CBS home featuring over 1700 sf under roof today! Open the front door and you'll find this light and bright split plan home offers: open great room with cathedral ceilings; eat-in kitchen with breakfast bar, upgraded wood cabinets with raised panel soft close doors, and pantry; dining area; master with walk-in closet with super slide shelving + tiled tub/shower; 2 spacious guest bedrooms; guest bath; inside laundry; and an open patio. Additional features include: ceramic tile in bathrooms with luxury vinyl planking throughout the rest of the house; 30-year shingles; energy efficient windows; garage door opener; marble sills; fridge, dishwasher, range, and microwave; and so much more. 2-10 home warranty included. A super location with easy access to I-75, SR-200, & the new Industrial Park offering a quick commute to work or play. Home is projected to be ready on or before April 30th.
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017