209 16th Street
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 |
|---|---|---|---|
| Apr 23, 2007 | Sold | ||
| Sold | |||
| Oct 25, 2006 | Sold | ||
| Sold | |||
| Oct 6, 2006 | Listed by RE/MAX SPECIALISTS | $429,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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**PRICE REDUCED** Location Location!! 100+/- yards from your front door to the Beach and only 3 blocks to the Intracostal waterway! This 2 story home offers spacious living, Silestone countertops in the kitchen, tile & laminate flooring, wood burning fireplace and a spacious back yard. Come relax on your covered front porch or balcony off the master suite. So much more to see!!
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| Jun 23, 2006 | Listed by THE REALTY DOT, INC | $459,000 | |
| Listed by THE REALTY DOT, INC | |||
| Apr 28, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017