16 Causeway Street
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 15, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2018 | Listed by Vadala Real Estate | $595,000 | |
| Listed by Vadala Real Estate | |||
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New Construction! Thoughtfully designed 3 bedrooms, 3 full baths contemporary split entry. This home offers quality craftsmanship, an open floor plan, 2400 plus square feet of living space, master suite with walk-in closet, and a luxurious master bath with soaking tub and separate shower. Standard features include beautiful hardwood floors, custom granite kitchen w/wall oven, cook top and center island, tiled baths, central air, 2-car garage, 2 X 6 construction, Hardie board siding, wiring for security system, and LED lights throughout. The home is well positioned on 1.16 private acre site with enough land left over to build a barn/extra garage/large storage shed. Conveniently located within a short drive to Wingaersheek Beach, downtown Gloucester and MBTA. BE IN FOR THE SPRING. AMAZING VALUE AT $595,000.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017