16 Clover Drive
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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 20, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Realty Connect USA L I Inc | $679,000 | |
| Listed by Realty Connect USA L I Inc | |||
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Welcome To This Charming Ranch Located On A Lovely Block Nestled In The Desirable Section Of The Pines In Smithtown. This Home Offers Primary Bedroom W/Pvt Bath, 2 Additional Bedrooms Along With Full Hall Bathroom, Lovely Formal Dining Room, Formal Living Room W/Fireplace Where It's Warmth Is Evident. The Large Windows Allow Natural Light To Flow With A Scenic View Of The Backyard Which Sits On A Flat .54 Lot W/In Ground Pool For Your Outdoor Entertaining Enjoyment. The Basement has Laundry, Storage, Cedar Closet, Utilities And So Much Potential. The Spacious 2 Car Garage W/Attic For Additional Storage Is Attached. This Home Is Located Close To Major Roads/Highways, Shopping, And Restaurants. Come See How You Can Make This Your Very Own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017