16 Candace
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 |
|---|---|---|---|
| Oct 3, 2019 | Sold | ||
| Sold | |||
| Jul 10, 2019 | Listed by Property Services Network | $419,900 | |
| Listed by Property Services Network | |||
| Mar 27, 2019 | Sold | ||
| Sold | |||
| Dec 18, 2018 | Listed by RE/MAX Executive Realty | $225,000 | |
| Listed by RE/MAX Executive Realty | |||
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Here is a great opportunity to build some "sweat equity!" Move in today & start updating this home to your specifications, use your imagination to make it your dream home! This solid home has a great lot and is in an awesome location, though needs many updates. Some of the fixes a new buyer may need to be aware of include the roof and some electrical as well as some water seepage in basement. A recent home inspection report is available for review. Some of the POSITIVES include hardwood floors throughout the first floor dining and living room (under current carpet) and into the three bedrooms! Also all the windows, except the front bay and one side window, have been updated. The septic failed - Engineering is underway - Sellers can close w/escrow aside to finish or can be completed prior close - ask Mark for details. ALL OFFERS TO BE SUBMITTED BY SUNDAY JAN 20th at 8:00 PM - Sellers reserve the right to except any offer prior to deadline.
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| Sep 28, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017