16 3rd St
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Relisted | $474,900 | |
| Relisted | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Mega Realty Services | $474,900 | |
| Listed by Mega Realty Services | |||
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Welcome to this beautiful cottage house in Framingham. Cozy home with 2 spacious bedrooms and kitchen with stainless steel appliances. All appliances will stay. Hardwood flooring throughout the house. The house was all remodeled in 2018 and it is ready to move in. Nice and big deck opens to a private and all fenced backyard with gazebo and patio for your barbecue on weekends and family and friends gathering. 2 sheds for storage. Re-done driveway that fits 4 cars. Convenient location close to T Station, gas station, stores and more. It's really worth coming and taking a look. Don't miss this opportunity to live in Framingham for less than $500k. Open House Sept 7th from 11 am to 1 pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017