16 Falcone Circle
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 25, 2015 | Sold | ||
| Sold | |||
| May 8, 2015 | Listed by Carey & Giampa, LLC REALTORS® | $429,000 | |
| Listed by Carey & Giampa, LLC REALTORS® | |||
| | |||
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Beautifully updated and well maintained Cape in the Highlands neighborhood of Hampton. Granite counter tops and vanities. Hardwood throughout. Tile floors in bathrooms. Master bedroom with bath. Family room with cathedral ceiling and fireplace. Finished basement with office and exercise room. Large deck. Easy access to Routes 101 and 95.
| |||
| Apr 24, 2015 | Listed by Carey & Giampa, LLC REALTORS® | $429,000 | |
| Listed by Carey & Giampa, LLC REALTORS® | |||
| Oct 17, 2005 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017