16 Bailey 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 |
|---|---|---|---|
| Jul 1, 2014 | Sold | ||
| Sold | |||
| May 16, 2014 | Listed by Better Homes and Gardens Real Estate - The Shanahan Group | $315,000 | |
| Listed by Better Homes and Gardens Real Estate - The Shanahan Group | |||
| Mar 26, 2010 | Sold | ||
| Sold | |||
| Oct 5, 2009 | Listed by Hunt Commerical | $324,900 | |
| Listed by Hunt Commerical | |||
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Nature Lovers will delight in this pristine Ranch w/private backyard & canoe access to Rock Pond. Charming Home features new Kitchen & full Bath w/skylights,Living room w/FP framed by shelving,hw flooring & bay window,Family Rm. & Play Rm. in LL,Central AC & 3 Car Att. Garage for Hobbyists or xtra room potential & Sunroom w/access to Deck. Easy access to Town Center & Rte. 95. Still time for 1st Time Buyers Tax Credit.
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| Aug 29, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017