16 Corning 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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by J. Barrett & Company | $1,025,000 | |
| Listed by J. Barrett & Company | |||
| | |||
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Fantastic Bevery Cove/ Monserrat neighborhood English Cottage just steps to commuter rail and close to Lynch Park. This 1934 build has the craftsmanship, charm and stature of yesteryear, with a beautiful white cabinet kitchen and sumptuous honed granite counter tops., along with stainless steel appliances. Period details include stately brick front, custom arched front door, exquisite wood trim, and formal living room with gorgeous fireplace area. There are four bedrooms, all with hardwood floors including a first floor bedroom currently used as a den. There is also a wonderful three season porch you'll want to winterize for maximum chill out bliss. Absolutely gorgeous back yard and brick paver patio round out this rare offering. Come home to Beverly, and enjoy North Shore beaches! Offers are due by Tuesday April 9 at 5PM.
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| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017