16 Birchmeadow Road
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 30, 2009 | Sold | ||
| Sold | |||
| Aug 19, 2009 | Listed by William Raveis R.E. & Home Services | $385,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Country living at its best! Completely renovated 3 bedroom, 2 full bath ranch set on lovely 4 acre lot. Glowing hardwood floors throughout. Nice fireplaced living room with views of countryside. Fully applianced kitchen. 1st floor laundry. New roof, New windows, New vinyl exterior, New heating system, New central air, new plumbing and more. 1 car attached garage and detached garage. Great opportunity for those seeking 1 level living. Great land for horses. Wild Life Abound! A rare find!
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| May 14, 2007 | Listed by Stone Ridge Properties, Inc. | $480,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017