16 Blake 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Compass | $2,200,000 | |
| Listed by Compass | |||
| | |||
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Welcome to 16 Blake Road, a home with endless potential on an over 20,000 square foot lot. With 4 bedrooms, 2.5 bathrooms, and 3842 square feet of living space this spacious home is perfectly positioned in one of North Brookline's most sought after locations. The first floor features a spacious living room, dining room, kitchen with adjoining eating area, a convenient half bath, and a delightful screened-in porch overlooking the sprawling grounds.The second floor boasts four bedrooms and two full bathrooms, including a primary bedroom with its own ensuite bathroom. The partially finished walk-out basement presents enormous expansion opportunities, limited only by your imagination. This home also offers a one car garage. The potential for customization and personalization in this home is boundless. Offered in "as is" condition, providing the perfect canvas for the vision of its next owner to create the home of your dreams! Don't miss this rare offering.
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| May 16, 2024 | Price Decreased |
$2,500,000
↓ $188K
(7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017