6935 W 16th Ave
About This Property
Tucked into a quiet Lakewood street just minutes from Sloan's Lake and Edgewater, this reimagined mid-century ranch is loaded with modern function and unexpected charm.
The heart of the home is a sun-soaked open-concept living area that flows seamlessly into a beautifully renovated kitchen featuring custom cabinetry, quartz countertops, and sleek modern finishes. Six sets of French doors open to an expansive sunroom, offering flexible indoor-outdoor living that's perfect for entertaining or relaxing year-round.
A newly created primary suite includes a walk-in closet and private laundry nook a rare find at this price point while the fully fenced backyard with zero-scaped turf and a detached oversized two-car garage makes everyday living both practical and private.
Enjoy peace of mind with updated systems, new finishes, and a location close to parks, light rail, and growing local retail.
Bonus: Seller is offering a closing credit to help you buy down your rate or cover closing costs ask for details.
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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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| May 12, 2025 | Price Increased |
$799,000
↑ $24K
(3.1%) | |
| Price Increased | |||
| Apr 23, 2025 | Listed | $775,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017