16 Factory Pl
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed by Property One | $299,990 | |
| Listed by Property One | |||
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Welcome Home! This meticulously maintained 3 bedroom, 1.5 bath home is located on a quiet dead end street in the Fairview section of Chicopee and located close to all area amenities. The first floor has an open floor plan with beautiful hardwood flooring in the living room and dining room, a generous amount of cabinets in the kitchen with large closet/pantry area, main bedroom with multiple closets and a full bath. The second floor has 2 additional bedrooms and half bath with sky light. The large, heated basement is partially finished (pool table to remain), with workshop and laundry. Additional features include central air, new gas hot water tank, a one car detached garage, storage shed, covered patio, a huge fenced in yard with several fruit trees and perennial gardens. Schedule your showing before it's gone or visit the open house on Sunday, Jan 12 from 1-2.
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| Feb 1, 2016 | Sold | ||
| Sold | |||
| Nov 12, 2015 | Listed by Property One | $159,900 | |
| Listed by Property One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017