16 Broad Oak Way
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Oct 8, 2025 | Listed by Real Broker MA, LLC | $549,900 | |
| Listed by Real Broker MA, LLC | |||
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Ideal location! This charming single-level home sits on a tree-lined lot at the end of a dead-end street, just a stone’s throw from Previte’s Marketplace. Inside you’ll find a large mud room, vaulted ceilings and a spacious living room with potential to transform into a primary suite. Freshly painted in areas, complete with a newer roof (approx. 7 years) and new hot water heater (Sept 2025). An oversized deck overlooks the yard, perfect for entertaining or relaxing. Move right in, update at your own pace, or reimagine the layout—the possibilities are endless in this desirable Hanover neighborhood close to shops, dining, and more.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017