116 Union 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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Keller Williams Realty | $599,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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Welcome Home to Norfolk! This beautiful home on a large lot has an open floor plan on the main level that includes a living room w/ corner fireplace & cathedral ceiling, dining room, kitchen, primary bedroom, two additional nice size bedrooms & family bath. The lower level has a family room, full bath & laundry. The large deck and fenced in backyard are the perfect place to entertain or relax. Also, detached two-car garage. Short distance to the commuter rail. Don't miss your chance to see this beautiful property.
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| Jun 2, 2008 | Sold | ||
| Sold | |||
| Nov 6, 2007 | Listed by Keller Williams Realty | $409,900 | |
| Listed by Keller Williams Realty | |||
| Aug 21, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017