16 Balcom Street
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 |
|---|---|---|---|
| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $209,900 | |
| Listed | |||
| | |||
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Cute ranch located in a vintage Nashua neighborhood. Close to Main st. but not too close. With a little tender, love, and care this property could be very nice. This is the perfect starter home for a first time home buyer. All three bedrooms have beautiful oak wood floors beneath the carpets. The unfinished basement has great space and could easily be finished to add a great deal more of square footage and still have space for storage. All appliances are staying. Highly motivated Seller!! Come see it! The manager has listed the unit size as 1120 square feet.
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| Jul 13, 2017 | Listed by Keller Williams Realty-Metropolitan | $209,900 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| Oct 26, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017