16 Cedar 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 23, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed | $699,000 | |
| Listed | |||
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Wilmington, MA – New to the Market - 6 rooms, 3 bedroom, 1 full bath raised ranch set on a gentle knoll, framed by stone walls and a private level back yard, perfect for gardening and outdoor enjoyment. Special features include: an open-concept floor plan with gleaming oak floors / living room & dining area with stone fireplace / a new kitchen with quartz countertops / generous closet space, & attic pull-down access - ideal for both everyday living & entertaining. Downstairs, a finished lower level offers plenty of flexibility. A TV/lounge area, space for a gym, a home office nook, a convenient laundry area with direct access to a 1 car garage. A large driveway with ample parking & a shed for storage. Located in a highly sought after neighborhood with a versatile floor plan / live & work from home. FHA heat with central a/c - town water & town sewer. This is the home you've been waiting for. Easy Access to Routes 93 & 95, the Commuter Rail, Boston and 2 Major Airports.
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| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017