16 Collins Dr
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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Berkshire Hathaway HomeServices Stephan Real Estate | $649,000 | |
| Listed by Berkshire Hathaway HomeServices Stephan Real Estate | |||
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Great opportunity to own this updated and expanded Cape style home! The main home features beautiful hardwood floors, ceramic tile, a generous sized kitchen and dining room adjacent to a fantastic, screened porch. Relax in either the front to back family room or fireplaced living room. A half bath with laundry rounds out the first floor. The upstairs consists of 2 nice sized bedrooms and a full bath. Like to tinker? The basement of the main house boasts a large workshop. Need more private space? An In-law apartment provides an additional bedroom, living room, great kitchen with plenty of cabinets and a full bath. A full basement under the In-law provides a large, heated recreation room with another full bath. Updates to the home include a 12+- year old roof, blown in insulation and a 2-year-old furnace. This home is set on a nice level lot on a very well-maintained Hudson Street. Opportunities for outdoor activities abound. Plenty of off-street parking completes the package!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017