16 Clifton 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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Dec 23, 2024 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | Listed by Davenport Realty | $569,900 | |
| Listed by Davenport Realty | |||
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HIGHLY DESIRABLE REVERE-SAUGUS LOCATION!! Quite unique property!! Currently being used as a single family but a two family on public record and paying taxes as such. It shares two addresses with both Revere and Saugus. Offers 9 rooms, 6 bedrooms,3 full baths on three levels and the basement, hardwood and laminate flooring, recently renovated S&S kitchen, updated hot water heater (2015), roof (2012) and vinyl siding and front exterior door (2010), some replacement windows, plenty of off street parking, stylish farmer's porch, level lot, great for the extended or growing family. SOLAR PANEL MONTHLY PAYMENT TO BE TRANSFERED TO THE BUYER. Great value for home ownership! 2,818 sq. ft. of land is in Revere Taxes $1,859 Assessment $204,100 to City of Revere.
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| Oct 28, 2015 | Sold | ||
| Sold | |||
| Aug 10, 2015 | Listed by Davenport Realty | $298,000 | |
| Listed by Davenport Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017