207 16th Avenue
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 |
|---|---|---|---|
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2019 | Listed by Gloria Nilson & Co. Real Estate | $685,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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Perfect Location!! Only 1 1/2 Blocks to Beach!!! Updated & upgraded home which sits back off the street with plenty of privacy!! Windows & Doors, Gas Heat, Central Air all replaced within the past three years. Spacious Living Rm/Dinning Area with 2 Bedrooms and Renovated Bathroom on 1st floor. Spiral Staircase leads to 2nd Floor with additional 2 Bedrooms, Living/Family Rm and Renovated Bathroom. Lovely Open Deck Upstairs, Plus Sun Room!! Enjoy Private Patio and huge front yard for entertaining. Rinse off after a day at the beach in your Outdoor Shower. Great Rental History plus all new furnishings included!! Parking for 5 cars is a huge bonus!!
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| May 31, 2017 | Sold | ||
| Sold | |||
| Apr 15, 2017 | Listed by RE/MAX Real Estate LTD. | $559,900 | |
| Listed by RE/MAX Real Estate LTD. | |||
| Mar 22, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017