16 Apple Lane
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 28, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | Listed by ICandy Realty LLC | $139,000 | |
| Listed by ICandy Realty LLC | |||
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Cute, updated ranch. Living room boasts a custom feature wall and modern electronic fireplace creating a luxurious and relaxing space. New kitchen cabinets, counters and stainless steel appliances grace the kitchen. All is freshly painted, with new easy care plank flooring through the whole house. Utility room is fully equipped with new washer and dryer. Ready and waiting just for you.
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| Feb 26, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2023 | Listed by Basis Real Estate Group | $65,900 | |
| Listed by Basis Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017