16 Butternut Road
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%.
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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 |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by Coldwell Banker LIFESTYLES - Grantham | $489,000 | |
| Listed by Coldwell Banker LIFESTYLES - Grantham | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Coldwell Banker LIFESTYLES - Grantham | $349,900 | |
| Listed by Coldwell Banker LIFESTYLES - Grantham | |||
| Jul 30, 2017 | Listed | $274,000 | |
| Listed | |||
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Close to the north entrance to Eastman, this charming 3 bedroom cape has easy access to I-89 and the Upper Valley. Large open living room with beautiful pine flooring and wood stove looks out into the private backyard with lovely gardens. Spacious kitchen with tile flooring, open to the dining area. Lower level family room large enough for entertaining and lots of storage and shelving in laundry. Close access to West Cove Beach and trails. Enjoy golf, XC Skiing, tennis, fitness center and indoor pool and all that Eastman has to offer. The manager has listed the unit size as 2612 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017