16 Floret Circle #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 |
|---|---|---|---|
| May 31, 2002 | Sold | ||
| Sold | |||
| Mar 11, 2002 | Listed by Coldwell Banker Realty - Hingham | $559,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| | |||
|
"THE MEADOWS" CARE FREE LIVING - LARGE OPEN & BRIGHT UNIT HAS A PRIVATE COURTYARD, BRICK PATIO, STUDY WITH FIREPLACE, LARGE BASEMENT. NEAR HINGHAM CENTER. "THE MEADOWS" IS LOCATED ON 45 ACRES OF LUSH LAND.
| |||
| Jan 29, 2002 | Sold | ||
| Sold | |||
| Oct 12, 2001 | Listed by Coldwell Banker Realty - Hingham | $549,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| | |||
|
"THE MEADOWS" CARE FREE LIVING - LARGE OPEN & BRIGHT UNIT HAS A PRIVATE COURTYARD, BRICK PATIO, STUDY WITH FIREPLACE, LARGE BASEMENT. NEAR HINGHAM CENTER. "THE MEADOWS" IS LOCATED ON 45 ACRES OF LUSH LAND.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/12/2001
|
3 Bed
|
3 Bath
|
2279 ft²
|
$549,000
3 Bed
3 Bath
2279 ft²
|
$525,000
-4.37%
01/29/2002
|
Cheryl Barnes
Coldwell Banker Residential Brokerage - Hingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017