4065 STATE ROAD 16
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%.
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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.
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by GREAT EXPECTATIONS REALTY | $1,750,000 | |
| Listed by GREAT EXPECTATIONS REALTY | |||
| Jan 30, 2023 | Listed by GREAT EXPECTATIONS REALTY | $2,750,000 | |
| Listed by GREAT EXPECTATIONS REALTY | |||
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Re-development opportunity for possible PUD. 11.5 acres with 547' of road frontage on State Road 16, just 3.7 miles West of Interstate-95. The annual average daily traffic count according to the FDOT is 18,500. Currently zoned OR, but highest and best use would be rezoned into Commercial PUD. Structures on this property include a 1793 sq ft home built in 1969 and a 60'x70' pole barn. Possible impact fee credit from the existing home.
See MLS#1210401 or 1210399
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| Apr 19, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017