16 Barnes Cir
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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Churchill Properties | $585,000 | |
| Listed by Churchill Properties | |||
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Open House Sat 11/9 & Sun 11/10 11-12:30. Make this Charming Ranch your home! Nestled in a serene desirable neighborhood with 3 bedrooms, 2 Bathrooms, Central AC and beautiful Hardwood floors throughout most of the main level living space. Enter into the spacious fireplaced living room with beautiful hardwood floors and large picture window.. 1 Full bath on the main level. All bedrooms have hardwood flooring and generous closet space. Kitchen offers a cozy dining area, entrance to the 1 Car garage and side door for back yard access. An added bonus is a full lower level with Large Family room with bar setup, 3/4 Bathroom/laundry room, a 2nd kitchen to support the family get togethers and large storage space. Maybe an in-law suite, au pair suite or other possibilities with direct walkout to a large backyard featuring a Patio area, mature fruit trees, garden area and fenced in yard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017