16 Clover Lane
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Coldwell Banker Hickok and Boardman | $659,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
| Aug 1, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | Listed by OwnerEntry.com | $569,000 | |
| Listed by OwnerEntry.com | |||
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Modern Farmhouse design, renovated throughout, e.g. 6-panel doors and locally crafted moldings. • Bright, open, remodeled kitchen and dining room • Custom locally made Simpson Kitchen Cabinetry • Cherry butcher block center island and breakfast bar • Recessed lighting and hardwood floor • Contemporary grey color palette throughout • Owned solar panels for electricity generation. • Heat Pump with air conditioning •Jotul wood stove with glass door. • Birch wood and tile floors throughout •Spacious Master Bedroom with attractive dormered window and Master Bath with tiled floor • First floor laundry • Convenient entry from garage to basement • Additional storage above garage with stairway access • Town water • 0.75-acre lot with large, spacious, private backyard • 10-acre common association land • 75-acre view across the Lee River Valley from deck, kitchen, and bedrooms • Access to walking and snowmobile trails
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017