1
Map
16 Atlantic View #16
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%.
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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 1, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by J. Barrett & Company | $665,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
There's nothing like a great view to come home to. This community of sixteen townhouses built by local builders Wojcicki and McPartland has views of the countryside yet is a short distance to downtown Amesbury. This end unit has an open floor plan with lots of windows and light. The kitchen has granite, SS, center island, pantry closet and a breakfast bar. The living room and dining area have hardwood floors and built ins and a gas fireplace. The master bedroom is on the first floor with a beautiful bathroom and walk in closet. Upstairs is a huge loft area perfect for a family room, in home office or hobby area. The lower level is also finished with full windows allowing for lots of natural light. There is an attached two car garage and central air. Relax on your deck with a vista all the way to NH.
| |||
| Feb 10, 2006 | Sold | ||
| Sold | |||
| Jul 28, 2004 | Listed | $580,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2021
|
2 Bed
|
3 Bath
|
2215 ft²
|
$665,000
2 Bed
3 Bath
2215 ft²
|
$665,000
11/01/2021
|
Cathy Toomey
Stone Ridge Properties, Inc.
| |
|
07/28/2004
|
2 Bed
|
2 Bath
|
2215 ft²
|
$580,000
2 Bed
2 Bath
2215 ft²
|
$597,779
+3.07%
02/10/2006
|
Cathy Toomey
Stone Ridge Properties, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017