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3872 16th Avenue SE
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 |
|---|---|---|---|
| Jun 29, 2026 | Listed by Florida Prime Realty, LLC | $225,000 | |
| Listed by Florida Prime Realty, LLC | |||
| Jun 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 23, 2025 | Listed by Florida Prime Realty, LLC | $250,000 | |
| Listed by Florida Prime Realty, LLC | |||
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Escape to your own private sanctuary on this beautiful 2.8-acre SQUARE lot with CANAL frontage. An informal wetlands determination from 2006 indicates uplands, giving you confidence as you plan for the future. Tucked away in a peaceful and secluded setting all the way at the end of a quiet street, this property is surrounded by the natural beauty of the Florida landscape, offering endless opportunities to enjoy the outdoors and create your ideal retreat. With a recorded access easement from 2005, the property provides the ultimate escape from the business of life! Whether you’re dreaming of building a home, creating a weekend getaway, or simply owning a piece of untouched Florida, this lot delivers the perfect balance of space, beauty, and serenity. Come see the potential and let your vision take root in this one-of-a-kind natural haven.
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| Oct 25, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
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Address: 335 Madison Avenue, New York, NY 10017