313 16th Street
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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%.
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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.
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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Price Decreased |
$2,199,000
↓ $96K
(4.2%) | |
| Price Decreased | |||
| May 18, 2024 | Listed by Compass | $2,295,000 | |
| Listed by Compass | |||
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A beautiful dream retreat in the heart of Old Town Seal Beach! This completely remodeled beach house offers the perfect blend of modern luxury and coastal charm. Attributes include 3 spacious bedrooms, 2 1/2 baths in an open airy floor plan. Step into the stunning lower level and be greeted with an all-new kitchen equipped with high-end appliances, zephyr wine fridge and wet bar. Imagine cooking gourmet meals on a 6-burner Viking stove with a convenient pot filler, while custom cabinets and quartz countertops elevate the space. The kitchen’s touch-activated faucets add to the modern elegance. Outside, the large back patio is your go-to spot for BBQ's, complete with a built-in wine fridge and refrigerator for effortless outdoor entertaining. The main floor living areas seamlessly extend to the front patio through trifold glass doors, creating a perfect indoor-outdoor flow ideal for summer and holiday gatherings. Upstairs, the primary suite is a true sanctuary. Indulge in the luxurious bathroom featuring dual sinks, a soaking tub, a separate shower, skylight and vaulted ceilings. Cozy up by the fireplace or bask in the natural light from the skylight in this calming private retreat. Two additional bedrooms and a spacious full bathroom provide plenty of room for guests or family. Just down the hall, a cozy sitting area or small office space leads to another outdoor deck, complete with a built-in TV and stylish tile flooring. This home is filled with thoughtfully designed upgrades, including white chalk brick work on the exterior, Blue stone driveway, ambient landscape lighting, Custom concrete work, New T&G fencing, new windows, custom beadboard and Shiplap adding to the Coastal aesthetic, plantation shutters and designer flooring throughout plus an outdoor firepit and water fountain. Experience the best of beachside living in this beautifully remodeled home, where every detail has been thoughtfully designed and impeccably maintained. Take a drive by at night the exterior lighting is beautiful. Check out the video too!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017