16 Fordham St
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by ROVI Homes | $275,000 | |
| Listed by ROVI Homes | |||
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Welcome home! A charming residence boasting a range of desirable features. This recently updated home presents new roof shingles, ensuring peace of mind for years to come. Inside, enjoy the comfort of new forced air heating, and central A/C. The interior has been freshly painted, offering an inviting atmosphere for new owners to personalize to their tastes. One of the standout features of this property is the seller-owned solar panels, a substantial investment that that reduces energy costs. The two bonus rooms in the basement, complete with heating, provide versatile spaces ideal for a variety of needs, whether it be a home office or additional living space. Conveniently located near shops and an Elementary School, residents will appreciate the ease of access to amenities. Whether you're enjoying the comfort of the interior spaces or exploring the vibrant neighborhood, 16 Fordham St offers a wonderful opportunity to embrace comfortable living!
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| Feb 23, 2024 | Sold | ||
| Sold | |||
| May 16, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017