16 Explorers Way #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 |
|---|---|---|---|
| Sep 28, 2020 | Sold | ||
| Sold | |||
| Dec 9, 2019 | Listed by Holden Realty Inc. | $399,900 | |
| Listed by Holden Realty Inc. | |||
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SELLER MOTIVATED! This location has easy access to Holden Center, highways and trails. Open the front door and you'll be standing in 2 the story foyer with an open concept and lots of natural light throughout. Cathedral ceiling and a gas fireplace adorn the family room. If you want office space... this condo has it. Imagine a dreamy first floor master bedroom that has a double sided fireplace and french doors between the sunroom and master bedroom. A perfect place to relax and kick up your feet while taking in the beauty of nature from the gorgeous windows. Summer cookouts off the kitchens deck with beautiful sunsets. This kitchen has plenty of storage and a large pantry with first floor laundry. Second floor living has a bonus room with built-in bookcases and 2 very spacious bedrooms. Want more living space or storage? This basement is sure to please you. Walkout lower level features sliders and windows.
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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 |
|---|---|---|---|---|---|---|---|
|
12/09/2019
|
3 Bed
|
3 Bath
|
2908 ft²
|
$399,900
3 Bed
3 Bath
2908 ft²
|
$365,000
-8.73%
09/28/2020
|
Crystal Tropeano
RE/MAX Advantage 1
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017