16 Brookview Lane #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 |
|---|---|---|---|
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2022 | In contract | - | |
| In contract | |||
| Nov 3, 2022 | Listed by Hayden Rowe Properties | $525,000 | |
| Listed by Hayden Rowe Properties | |||
| | |||
|
Stunning Townhome at Brookview Estates in Mendon. This sparkling 3 bedroom 2.5 home built in 2020 features a great floor plan with an open concept main level w/ recess lighting, hardwood floors throughout and upgraded with beautiful crown moulding detail. It is anchored by a gorgeous kitchen, with white shaker cabinets, granite countertops, stainless steel appliances and a large center island that is over looking the living room, which showcases a gas fireplace and access to the deck and patio. At the front of this northwesterly facing unit is a sun splashed dining area with nice wainscoting trim detail. The second floor offers 3 spacious bedrooms, 2 full baths and laundry, including a primary bedroom with en suite full bath and two large closets. In addition to the great closet space throughout, the basement offers an abundance of storage as well as great space for future expansion. Outside features a great deck and patio overlooking a peaceful natural setting......Call Today!
| |||
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by ERA Key Realty Services | $422,900 | |
| Listed by ERA Key Realty Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/03/2022
|
3 Bed
|
3 Bath
|
1712 ft²
|
$525,000
3 Bed
3 Bath
1712 ft²
|
$530,000
+0.95%
01/20/2023
|
Peter Edwards
Hayden Rowe Properties
| |
|
10/07/2020
|
3 Bed
|
3 Bath
|
1712 ft²
|
$422,900
3 Bed
3 Bath
1712 ft²
|
$422,900
02/26/2021
|
Bill Gassett
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017