16A Nova Dr #A
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 |
|---|---|---|---|
| Aug 27, 1999 | Sold | ||
| Sold | |||
| Jun 14, 1999 | Listed | $103,000 | |
| Listed | |||
| | |||
|
BRIGHT, SPACIOUS CONDEX WITH FRESH PAINT, NEW APPLIANCES AND CARPET THRUOUT. LOCATED ON AN ACRE OF SHARED LAND. LARGE DECK OVERLOOKS OPEN BACK YARD.
| |||
| Apr 2, 1998 | Sold | ||
| Sold | |||
| Jun 9, 1997 | Listed by LAER Realty Partners / Janet Cramb & Company | $79,900 | |
| Listed by LAER Realty Partners / Janet Cramb & Company | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/03/2002
| |
2 Bed
|
1 Bath
|
1100 ft²
|
$179,900
2 Bed
1 Bath
1100 ft²
|
$172,900
-3.89%
07/18/2002
|
Linda Hadley
RE/MAX Prestige
|
|
06/14/1999
|
1 Bed
|
1 Bath
|
1026 ft²
|
$103,000
1 Bed
1 Bath
1026 ft²
|
$105,000
+1.94%
08/27/1999
|
Janet Cramb
LAER Realty Partners / Janet Cramb & Company
| |
|
06/09/1997
|
2 Bed
|
1 Bath
|
1026 ft²
|
$79,900
2 Bed
1 Bath
1026 ft²
|
$79,000
-1.13%
04/02/1998
|
Diana Archambault
CENTURY 21 Nashoba Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017