16 Braman Street
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 19, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed | $649,900 | |
| Listed | |||
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This charming 3-bedroom, 2-bath home offers a flexible first floor layout. Featuring a first-floor bedroom and large full bath. The kitchen boasts a center island and flows into the dining area, complete with a cozy gas fireplace. A spacious living room with cathedral ceilings with the option for additional dining space. Skylights fill the home with natural light, while hardwood floors add warmth to the bedrooms. The partially finished basement offers versatile space for a home office, playroom, along with extra storage and laundry. Set on a large level lot just minutes from downtown, the Danvers rail trails, and local shopping. This is the perfect opportunity to personalize your new home.
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| Sep 17, 2007 | Sold | ||
| Sold | |||
| Jun 1, 2007 | Listed | $439,000 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017