16 Bates Rd
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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by 1 Worcester Homes | $649,900 | |
| Listed by 1 Worcester Homes | |||
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This spacious 8-rm, 4-bdr, 3-bath custom-built Colonial is now available for the 1st time! The charming home boasts a wraparound Farmer's Porch that will immediately make you feel at home! Upon entering, you will be greeted by a grand foyer and gleaming hardwood flrs that extend into the Living Rm & Dining Rm. The Kitchen, w/ ample cabinetry, overlooks the backyard and features both an island & breakfast nook! Cozy up in the Family Rm by the fieldstone fireplace or step outside onto the deck. The 1st floor also features a convenient 1/2 bath & laundry! Upstairs, an open balcony overlooks the living room and foyer. The primary bdr offers a walk-in closet and en suite bathroom w/ soaking tub! Recent updates include a new pool liner, roof, windows, & air handlers w/ heat pumps. Enjoy the warm and cool weather w/ the heated pool! 2-car garage! Finish the basement to expand your living area, or use it for additional storage. This tranquil home has all the amenities you need and more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017