16 Denmark Lane #16
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 |
|---|---|---|---|
| Jun 30, 2009 | Sold | ||
| Sold | |||
| May 14, 2009 | Listed by Unlimited Sotheby's International Realty | $349,900 | |
| Listed by Unlimited Sotheby's International Realty | |||
| | |||
|
2 LEVEL TOWNHOUSE IN CONVENIENT WALK TO EVERYTHING DOWNTOWN NEEDHAM LOCATION. FIREPLACED LIVING ROOM WITH SLIDER TO PRIVATE PATIO* EAT IN KITCHEN*TWO KING SIZED BEDROOMS*MASTER SUITE WITH PRIVATE BATH*FINISHED BASEMENT w/ROOM FOR HOME OFFICE/FAMILY PLAYROOM*lOTS OF STORAGE* SECOND FLOOR LAUNDRY w/ WASHER AND DRYER INCLUDED* BEING SOLD AS POWER OF ATTY.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2009
|
2 Bed
|
3 Bath
|
1388 ft²
|
$349,900
2 Bed
3 Bath
1388 ft²
|
$325,000
-7.12%
06/30/2009
|
Laura Katz
Keller Williams Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017