8644 16th Street Rd
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 |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | Listed by iGo Realty | $491,000 | |
| Listed by iGo Realty | |||
| Feb 5, 2025 | Listed | $491,000 | |
| Listed | |||
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Welcome home to this inviting home. Featuring a light & bright open floor plan with high ceilings, concrete countertop in the kitchen, main floor primary bedroom and bathroom, main level 1/2 bathroom, 2 bedrooms upstairs and full bathroom. The basement is partially finished with an oversized 4th bedroom, full bathroom and additional space to finish for additional living space. Step out back onto the deck which overlooks open space and fenced back yard. Great neighborhood and location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017