16 Carmen St.
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by RE/MAX Real Estate Center | $325,000 | |
| Listed by RE/MAX Real Estate Center | |||
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Options, Options, Options! Versatile 3 bedrooms, 1 bath ranch. Main level has an an open floor plan & hardwood floors. The lower level is perfect for an extended family who needs more space to stretch out. The walk out and the full size windows provide lots of sun, 3 rooms currently being used as playroom and an office and extra bedroom. There is roughed in plumbing with tons of In law possibilities!! Generac generator, solar panels, septic 2015. Lovely level yard with a tire swing and a vernal pool. There is a sturdy carport that comes in handy in the snow and rain. Dead end street. This well loved home is waiting for its next owner.
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| Jun 14, 2016 | Sold | ||
| Sold | |||
| Jan 14, 2016 | Listed by RE/MAX Real Estate Center | $219,900 | |
| Listed by RE/MAX Real Estate Center | |||
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