538 16th Street
About This Property
bedroom 1 bath home, with comfortable front porch overlooking generous
size, secluded English garden with manicured landscaping. Blocks away
from downtown park, shopping, restaurants and wine tasting! Open and
bright, this well maintained home features original pine floors throughout
most of first floor, butcher-block counter tops and island, walk-in pantry
with refrigerator and washer/dryer. Upgraded, beautiful full bath with
separate shower and soaking tub. Private side deck with Jacuzzi and ample
seating under covered cabana. Master bedroom with walk-in closet and
built-ins. Desirable family home or perfect for any investor as vacation
rental!
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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 |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Jan 11, 2018 | Listed by Yager Realty Of California | $468,900 | |
| Listed by Yager Realty Of California | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017