370 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 |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Keller Williams Realty Ocean Living | $450,000 | |
| Listed by Keller Williams Realty Ocean Living | |||
| Nov 25, 2024 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Oct 18, 2024 | Listed | $500,000 | |
| Listed | |||
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Welcome to this charming 3-bedroom, 1-bathroom Ranch in desirable North Brick! This home offers single-story convenience with a bonus room—perfect as an office or convertible to a master bathroom. Enjoy an open living area, cozy kitchen, and an attached garage for added storage and parking. The standout feature is the massive backyard that backs to woods, ideal for entertaining, gardening, or creating your private oasis. Located in a friendly neighborhood close to schools, parks, and local amenities, this property is perfect for families or first-time buyers. Don't miss this opportunity to own a home with endless potential!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017