67 16th St
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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Ponte & Associates Real Estate | $380,000 | |
| Listed by Ponte & Associates Real Estate | |||
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Welcome to 67 16th St., this home has been under the same ownership for over 50 years. Possible in-law set-up. Home needs some updating but is a solid home. Very well maintained over the years. Hardwood floors in all bedrooms and I was informed that there are hardwood floors under the rugs in the living room and hallway. Electric heat throughout the home. This is one you have to see for yourself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017