16 Arbor Way
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 8, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Jan 21, 2024 | Listed by 5 College REALTORS® | $750,000 | |
| Listed by 5 College REALTORS® | |||
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Beautiful spacious colonial on a serene cul-de-sac in a highly sought-after neighborhood 5 minutes from Amherst Center, public schools, and Umass! This home has been well-maintained with numerous updates. The front entry welcomes you into the expansive eat-in kitchen with w/granite countertops, cherry cabinets, and lots of natural light flooding the newly sanded wood floors. This leads to a southern-facing multi-level back deck and yard with an above-ground pool. The kitchen is centrally located abutting the formal dining, family room with a wood-burning fireplace, and gracious formal living room. The second floor features a primary ensuite with a walk-in closet, three generous additional bedrooms, and a full bath. You will find ample open space above the garage for possible expansion. The walk-out basement is beautifully finished with a separate office and washer and dryer space. The privacy and expansive open southern backyard are hard to find!
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| Sep 27, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017