512 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 |
|---|---|---|---|
| May 21, 2019 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Listed by Ward Wight Sotheby's International Realty | $899,950 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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New Construction just blocks to ocean and boardwalk! Relax on your front porch! Home offers modern open floor plan with 9 ' ceilings on main level and hardwood floors throughout. Property features large center island kitchen which opens to family room. Enjoy your gas fireplace and wet-bar perfect for entertaining year-round. Relax in 4 generous sized bedrooms, with 2 1/2 baths. There is a full walk- out basement for ample storage and plumbed bath. Many amenities include Dec molding, transom windows on 1st floor, 2 zoned AC and heat, outdoor shower, driveway parking and garage. Located convenient to beaches, shopping, restaurants and commuting. Great home for year round or summer getaway!
Visit today!
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| Mar 28, 2017 | Sold | ||
| Sold | |||
| Feb 22, 2017 | Listed by Coldwell Banker Realty | $275,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017