16 ARDMAER Drive
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 |
|---|---|---|---|
| Nov 26, 2020 | No longer available | - | |
| No longer available | |||
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Price Decreased |
$619,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Sep 9, 2020 | Listed | $624,900 | |
| Listed | |||
| | |||
|
This magnificent home was renovated with close attention to detail using top quality materials and craftsmanship. Its understated elegance gives it an airy feel that you have to see to appreciate. The main floor features open design with nine-foot ceilings, fireplace and oak hardwood floors. Its understated elegance gives it an airy feel that you have to see to appreciate. The main floor features open design with nine-foot ceilings, fireplace and oak hardwood floor. Kitchen was designed with subtlety and functionality in mind and features stainless steel appliances, white stone counertops, custom island and cabinetry.
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| Aug 11, 2020 | Listed by DIAMOND REALTY ASSOCIATES, INC | $619,900 | |
| Listed by DIAMOND REALTY ASSOCIATES, INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017