16 Bancroft Cmn #14B
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, 2016 | Sold | ||
| Sold | |||
| May 3, 2016 | Listed by Success! Real Estate | $324,900 | |
| Listed by Success! Real Estate | |||
| | |||
|
A Must See! Beautiful newly renovated town house condominium in highly desired Forge Hill. Custom new kitchen with crown molding to the ceiling, Granite counter top, high end SS appliances. Hardwood flooring throughout first floor. All new bathrooms. Very bright and exceptional layout. New two story over sized deck (14 x 12), finished basement, Over sized one car attached garage. Plenty of closet space. 2nd floor loft as a family room with access to the 2nd floor deck with two private first floor decks off the living room. End unit with a private setting in a quite neighborhood. All new sliders, doors, etc. The unit abuts Franklin State Forest walking trails. Move in ready. No showing prior to open house
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/03/2016
|
2 Bed
|
3 Bath
|
2150 ft²
|
$324,900
2 Bed
3 Bath
2150 ft²
|
$317,500
-2.28%
07/01/2016
|
Elaine Bigdeliazari
Success! Real Estate
| |
|
07/29/2015
|
2 Bed
|
3 Bath
|
1645 ft²
|
$215,300
2 Bed
3 Bath
1645 ft²
|
$188,475
-12.46%
09/02/2015
|
Kevin Sullivan
Ready RE, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017