3631 NE 16th Terrace
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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Jan 24, 2025 | Listed by Premier Brokers International | $419,950 | |
| Listed by Premier Brokers International | |||
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Location! Location! Must see this charming 4 bedroom, 2 bathroom home in this highly desirable area, conveniently located near shops, restaurants, and beaches. No HOA! This move-in ready home has tile and hardwood floor throughout, laundry inside, large carport, covered patio, paved side yard, and large fenced-in front and backyard. Plenty of space for all of you cars, RVs, boats, jet-skis, and more! Minutes away from schools. Don't miss out on this opportunity!
| |||
| Jul 29, 2019 | Sold | ||
| Sold | |||
| May 19, 2019 | Listed by Home Solutions Real Estate Ser | $249,000 | |
| Listed by Home Solutions Real Estate Ser | |||
Property Highlights
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About Pompano Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,500 /mo
- 3 Beds
- 3 Baths
- 2,174 ft²
$7,500 /mo
- 2 Beds
- 2 Baths
- 1,249 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017