770 16TH LANE
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by SANCTUARY REAL ESTATE GROUP, LLC | $499,999 | |
| Listed by SANCTUARY REAL ESTATE GROUP, LLC | |||
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This stunning 3-bedroom, 2-bathroom home is a perfect blend of renovated modern elegance and comfortable living, designed to cater to your every need. As you step inside, you’ll be greeted by an abundance of natural light that flows throughout the open floor plan, creating a warm and inviting atmosphere. The spacious living area seamlessly transitions into a beautifully updated kitchen, featuring stainless steel appliances, sleek modern finishes, and ample storage for all your culinary essentials. .Retreat to the luxurious master suite, complete with a walk-in closet and a beautifully appointed master bath.. The additional bedrooms are generously sized, offering plenty of space for family or guests, with a well-appointed 2nd bath that complements the style of the home, not to mention your private, fenced tropical backyard with room for a pool. The NEWER roof, NEWER HVAC and NEWER Water Heater give you extra peace of mind. NO HOA, NOT A FLOOD ZONE. Located on a quiet street in an established neighborhood, this home offers the perfect balance of tranquility and accessibility. Enjoy nearby shopping, entertainment, in downtown Palm Harbor as well as close proximity to the stunning Gulf beaches. Don't miss the opportunity to make this recently renovated gem your forever home! Schedule a showing today!
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| Oct 2, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017