16 Brownfield Drive
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 31, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by Reis Real Estate & Company Inc. | $975,000 | |
| Listed by Reis Real Estate & Company Inc. | |||
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A dream retreat lot comprised of over 7 acres, located in a sub-division & only minutes from Rte 24! Built w/ double wall framing, I beam supports, wide staircases, high ceilings, a heated & attached 3 car garage complete w/ a walk up second story ready to be finished! The garage is connected by a mudroom, the kitchen boasts an oversized granite island, Viking range, walk in pantry, breakfast area overlooking the backyard & back patio/ fire pit area. There is a formal dinning room adorned by a gas fireplace & french doors followed by a spacious sun filled living room w/ a showpiece cobblestone fireplace & antique wood mantle; lastly a first floor bedroom w/ attached full bath. The 2nd floor hosts all 3 additional bedrooms, one of which being the primary w/ a walk in closet & attached en-suite w/ steam shower. Flex space located on the 2nd floor has a private attached full bath, it would make a great guest room or office. Central air, 1st floor radiant heat, 2nd floor forced hot water
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| Mar 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 24, 2023 | Price Decreased |
$1,200,000
↓ $50K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017