918 16th Place
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 |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Mar 8, 2025 | Price Decreased |
$659,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed by Douglas Elliman | $669,000 | |
| Listed by Douglas Elliman | |||
| | |||
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Welcome to your dream home, located only 2 miles from the beach! This completely renovated 2 bedroom, 2 bathroom property offers the perfect blend of modern upgrades and coastal charm. Enjoy peace of mind with hurricane impact windows and doors, providing safety and energy efficiency year-round. Great natural lighting throughout the home at all times of the day. There’s ample room for boat parking on either side of the house with plenty of space for a pool in the backyard. The roof was completely insulated and a new ridge vent was added in 2023. Whether you’re looking for a full-time residence or a vacation retreat, this move-in-ready home checks all the boxes! Please book a showing using Showing Time or call agent directly.
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Property Highlights
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About Eastway Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,900 /mo
- 3 Beds
- 3 Baths
- 1,891 ft²
$4,500 /mo
- 2 Beds
- 2 Baths
- 1,228 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017