16 Fordway Extension
About This Property
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Cap Rate Calculator
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 7, 2022 | Sold | ||
| Sold | |||
| Jan 25, 2022 | Listed by DiPietro Group Real Estate | $525,000 | |
| Listed by DiPietro Group Real Estate | |||
| | |||
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BACK ON MARKET! Buyer's finnacing fell through. This exquisitely updated Windham ranch is the home you have been waiting for! You are instantly welcomed by gleaming hardwood floors and an oversized family room perfect for entertaining. As you get into the kitchen, you are bound to be impressed. Ample cabinet space, new granite counter tops, all new appliances, and even quartz flooring will make this the dream kitchen you have been desiring! Both bathrooms offer quartz flooring and all new vanities. The full bathroom has an immaculate quartz shower that even has colored LED lights. All 3 bedrooms have brand new carpet and plenty of closet space. You don't want to miss out on this one! Schedule your appointment today!
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| Nov 17, 2021 | Sold | ||
| Sold | |||
| Nov 3, 2021 | Listed by Fruh Realty, Inc | $389,000 | |
| Listed by Fruh Realty, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017