3
Map
3907 16TH STREET
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 26, 2025 | Listed by Houwzer, LLC | $530,000 | |
| Listed by Houwzer, LLC | |||
| Aug 24, 2020 | No longer available | - | |
| No longer available | |||
| Aug 26, 2019 | Listed | $515,000 | |
| Listed | |||
| | |||
|
5 bedrooms, 3 full baths, 3 attics, 3/4 car garage, large deck,waterfall/pond, child day care one block away, elementary school is two blocks, grocery store is four blocks from home, walk to boardwalk and beach, walking distance to big water park, public library is three blocks,restaurants and marinas are blocks away, low property taxes ($2478.00yearly), low crime area, fire station is one mile, new roof and siding, city sewer and water with snow removal and trash collection, no HOA, plenty of parking for boats or RV, 32 miles to US Capitol, 30 miles to Annapolis, 35 miles to Patuxent Naval Air Station, 24 miles to Andrews AFB The manager has listed the unit size as 3000 square feet.
| |||
| Jul 29, 2017 | Listed | $499,000 | |
| Listed | |||
| | |||
|
Just Reduced!Once in a lifetime opportunity. Step onto the boardwalk and stroll down to the sandy beach. Walk to the resort, restaurants and the grocery store. Less than a minute from child care and the elementary school. One of the only properties in the area with a garage, room for your boat or many cars to park. It doesn't get much better than this!
| |||
| Oct 3, 2005 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Chesapeake Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,595 /mo
- 3 Beds
- 2 Baths
- 2,168 ft²
$1,798 /mo
- 2 Beds
- 1 Bath
- 2,709 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017