16 Charles 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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by Real Broker MA, LLC | $285,000 | |
| Listed by Real Broker MA, LLC | |||
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Welcome to this thoughtfully renovated Colonial where charm meets modern living. Inside, you’ll find 4 bedrooms and 1.5 baths, a remodeled kitchen with stainless steel appliances with a brand new refrigerator in 2025, updated bathrooms, and the comfort of mini-split heating and cooling systems. Gleaming hardwood floors and freshly painted walls create a warm and inviting feel throughout. Start your mornings with coffee in the enclosed front porch or unwind at the end of the day on the covered back deck overlooking your yard with fruit trees and perennial plantings. Upstairs, the walk-up third-floor attic offers endless possibilities—transform it into a private work-from-home suite, creative studio, or extra living space. With update energy-efficient windows, an upgraded electrical panel & main service, and easy access to highways and local amenities, this home delivers both convenience and comfort in a truly move-in ready package.
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| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by Executive Real Estate, Inc. | $242,900 | |
| Listed by Executive Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017