206 16TH Street #G
About This Property
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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 21, 2023 | Listed by SCHEIRER REALTY, INC. | $379,000 | |
| Listed by SCHEIRER REALTY, INC. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/21/2023
|
2 Bed
|
2 Bath
|
1071 ft²
|
$379,000
2 Bed
2 Bath
1071 ft²
|
-
-
|
THOMAS SCHEIRER
SCHEIRER REALTY, INC.
| |
|
08/04/2020
|
2 Bed
|
2 Bath
|
1075 ft²
|
$195,000
2 Bed
2 Bath
1075 ft²
|
$235,000
+20.51%
12/23/2020
|
MARK FADER
| |
|
11/07/2019
|
2 Bed
|
2 Bath
|
1131 ft²
|
$234,900
2 Bed
2 Bath
1131 ft²
|
$232,500
-1.02%
12/18/2019
|
BELINDA RAVAN
ENDLESS SUMMER REALTY
| |
|
08/14/2019
|
2 Bed
|
2 Bath
|
1076 ft²
|
$198,500
2 Bed
2 Bath
1076 ft²
|
$180,000
-9.32%
10/09/2020
|
Elizabeth Kelly
ENDLESS SUMMER REALTY
| |
|
08/29/2014
|
2 Bed
|
2 Bath
|
1076 ft²
|
$149,900
2 Bed
2 Bath
1076 ft²
|
$148,900
-0.67%
10/31/2014
|
JOE HATIN
FIRST COAST SOTHEBYS INTERNATIONAL REALTY
| |
|
05/30/2012
|
2 Bed
|
2 Bath
|
1131 ft²
|
$115,000
2 Bed
2 Bath
1131 ft²
|
$111,500
-3.04%
11/30/2012
|
Carol H Perry
EXP Realty LLC
| |
|
11/13/2008
|
2 Bed
|
2 Bath
|
1075 ft²
|
$139,900
2 Bed
2 Bath
1075 ft²
|
$126,500
-9.58%
07/29/2011
|
DIANE KLINGE
WATSON REALTY CORP
| |
|
12/12/2005
|
2 Bed
|
2 Bath
|
1131 ft²
|
$259,900
2 Bed
2 Bath
1131 ft²
|
$258,000
-0.73%
01/24/2006
|
TARA PRESSER
EXP REALTY LLC
| |
|
07/18/2005
| |
2 Bed
|
2 Bath
|
1075 ft²
|
$244,900
2 Bed
2 Bath
1075 ft²
|
$235,000
-4.04%
11/14/2005
|
Stefanie Bernstein
Berkshire Hathaway Homeservices Florida Network Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017