16 Andrew Rd
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 |
|---|---|---|---|
| Sep 28, 2012 | Sold | ||
| Sold | |||
| Jul 14, 2012 | Listed by Sorenti Properties, LLC | $265,500 | |
| Listed by Sorenti Properties, LLC | |||
| | |||
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Nicely maintained colonial, built in 1988. Quiet location, nice level backyard with beautiful plantings. Kitchen includes hardwood floors, a pantry and French doors leading out to the deck and peaceful backyard. Two car garage with storage. Three nice size bedrooms upstairs. Front to back living room with wood burning fireplace. Close to Cape Cod Canal, and Sagamore Beach. Easy commute.
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| Mar 31, 1994 | Sold | ||
| Sold | |||
| Oct 22, 1991 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017