16 Black Rock Drive #16
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 |
|---|---|---|---|
| Feb 14, 2012 | Sold | ||
| Sold | |||
| Jan 17, 2012 | Listed by Coldwell Banker Residential Brokerage - Hingham | $775,000 | |
| Listed by Coldwell Banker Residential Brokerage - Hingham | |||
| Oct 5, 2010 | Listed by Yankee Realty Group | $1,100,000 | |
| Listed by Yankee Realty Group | |||
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Custom Model "E" unit with all the upgrades. Beautiful marble foyer leading to soaring vaulted great room with fireplace and french doors overlooking golf course. First floor master suite has walk in closet with custom shelving, french door to deck, bath with glass shower and soaking tub. Lofted second floor has office, bedroom and full bath. Eat in Maple kitchen with stainless appliances and butlers pantry allow for perfect entertaining. The Finished Lower Level completes this upscale home.
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| Jun 16, 2010 | Listed | $975,000 | |
| Listed | |||
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OH 7/25, 1-3 Custom home with marble foyer leading to soaring vaulted family room with fireplace and french doors overlooking golf course. First floor master suite has walk in closet, french door to deck, bath with glass shower and tub. Lofted second floor has 1 bedroom and full bath. Eat in Maple kitchen with stainless appliances and butlers pantry allow for perfect entertaining. Motivated Sellers.
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| May 13, 2010 | Listed | $975,000 | |
| Listed | |||
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|
OH 7/25, 1-3 Custom home with marble foyer leading to soaring vaulted family room with fireplace and french doors overlooking golf course. First floor master suite has walk in closet, french door to deck, bath with glass shower and tub. Lofted second floor has 1 bedroom and full bath. Eat in Maple kitchen with stainless appliances and butlers pantry allow for perfect entertaining. Motivated Sellers.
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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 |
|---|---|---|---|---|---|---|---|
|
02/04/2021
| |
2 Bed
|
3 Bath
|
2849 ft²
|
$1,399,000
2 Bed
3 Bath
2849 ft²
|
$1,399,000
04/20/2021
|
Midge Durgin
Coldwell Banker Realty - Hingham
|
|
01/17/2012
|
2 Bed
|
2 Bath
|
2850 ft²
|
$775,000
2 Bed
2 Bath
2850 ft²
|
$715,000
-7.74%
02/14/2012
|
Midge Durgin
Coldwell Banker Realty - Hingham
| |
|
05/13/2010
|
2 Bed
|
2 Bath
|
2850 ft²
|
$975,000
2 Bed
2 Bath
2850 ft²
|
-
-
|
Michael Butts
Yankee Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017