817 SE 16th Street
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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by Compass Florida LLC | $799,000 | |
| Listed by Compass Florida LLC | |||
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Just minutes from the beach, this beautifully renovated 2-bedroom, 2-bathroom home offers the perfect South Florida lifestyle. Features include stainless steel appliances, impact windows and doors, a covered carport, and a spacious paved outdoor entertaining area complete with a private pool and hot tub, perfect for relaxing or hosting guests. The primary suite offers a walk-in closet and dual sinks in the bathroom. Enjoy mature fruit trees, a large driveway, and a layout ideal for everyday living or entertaining. Located near shopping, dining, and parks in a neighborhood with no HOA. Great opportunity for a primary residence, vacation home, or investment property with excellent Airbnb potential. Ride your bike to the beach and enjoy coastal living!
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| May 6, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by LoKation | $675,000 | |
| Listed by LoKation | |||
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About Eastway Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017