3236 NE 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 |
|---|---|---|---|
| Aug 1, 2025 | Price Decreased |
$999,000
↓ $51K
(4.9%) | |
| Price Decreased | |||
| Jul 24, 2025 | Relisted | $1,050,000 | |
| Relisted | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Decreased |
$1,050,000
↓ $100K
(8.7%) | |
| Price Decreased | |||
| Jan 6, 2025 | Listed | $1,150,000 | |
| Listed | |||
| | |||
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Back on the Market! A MUST SEE! GORGEOUS Single-Family Beach House located 1 block from Atlantic Ocean (260yrds). This home shows to be COMPLETELY RENOVATED from (2019-2023). This is being sold FULLY FURNISHED. Registered as an Air BNB with the state. The home shows 3 Bed, 2Bath w/open floorplan and, is tastefully FURNISHED for IMMEDIATE INCOME. New Kitchen, Appliances in 2021, 2023 Bathrooms, Flooring, Wood Trim, Impact Windows. AC-2022. PVC Plumbing all replaced. This home shows rear Oasis with Bar, TV and Free Form Pool. Rear Shed is equipped with all beach amenities available for your guests. This property is ready to rent on DAY 1 of new Ownership. Private Showings only. There may be guests, and 24-hour notices are recommended. GREAT INVESTMENT on DAY 1.
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About Sunset Apartments Co-Op
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,000 /mo
- 2 Beds
- 2 Baths
- 1,409 ft²
$2,300 /mo
- 1 Bed
- 1 Bath
- 738 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017