16 Ackley Dr
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 |
|---|---|---|---|
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Feb 26, 2018 | Listed by Janice Mitchell R.E., Inc | $199,900 | |
| Listed by Janice Mitchell R.E., Inc | |||
| Jan 27, 2012 | Sold | ||
| Sold | |||
| Oct 31, 2011 | Listed by EXIT Realty Partners | $99,900 | |
| Listed by EXIT Realty Partners | |||
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Great investment for owner occupied buyers using renovation loan or an investor. House is in good shape but failed Title V & needs some heating and plumbing updates, 1 acre yard, lot's of privacy, large deck, 3 bedrooms, garage and more. This is a Fannie Mae HomePath property and is approved for HomePath Renovation Mortgage financing. Purchase this property for as little as 3% down! Only owner occupied offers will be considered for first 15 days on market
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Address: 335 Madison Avenue, New York, NY 10017