16 E Forge Pond #E16
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 |
|---|---|---|---|
| Aug 12, 2005 | Sold | ||
| Sold | |||
| Jun 21, 2005 | Listed by William Raveis R.E. & Home Services | $299,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2020
|
1 Bed
|
1 Bath
|
1098 ft²
|
$334,900
1 Bed
1 Bath
1098 ft²
|
$332,500
-0.72%
09/30/2020
|
Susan Rybak
Keller Williams Elite - Sharon
| |
|
06/08/2018
| |
1 Bed
|
1 Bath
|
1098 ft²
|
-
1 Bed
1 Bath
1098 ft²
|
-
-
|
-
|
|
04/18/2018
|
1 Bed
|
1 Bath
|
1098 ft²
|
$320,000
1 Bed
1 Bath
1098 ft²
|
$320,000
07/30/2018
|
Susan Rybak
Keller Williams Elite - Sharon
| |
|
03/09/2018
|
2 Bed
|
2 Bath
|
1325 ft²
|
$374,900
2 Bed
2 Bath
1325 ft²
|
$395,000
+5.36%
05/17/2018
|
Susan Rybak
Redfin Corp.
| |
|
05/13/2015
|
2 Bed
|
2 Bath
|
1325 ft²
|
$292,900
2 Bed
2 Bath
1325 ft²
|
$292,900
07/23/2015
|
Carolyn Christino
Keller Williams Realty
| |
|
02/05/2014
|
2 Bed
|
2 Bath
|
1325 ft²
|
$289,000
2 Bed
2 Bath
1325 ft²
|
$270,000
-6.57%
12/29/2014
|
David Wluka
Wluka Real Estate Corp.
| |
|
06/12/2006
|
1 Bed
|
1 Bath
|
1098 ft²
|
$269,000
1 Bed
1 Bath
1098 ft²
|
$260,000
-3.35%
01/19/2007
|
Joel Skolnick
Realty Indeed
| |
|
06/21/2005
|
1 Bed
|
1 Bath
|
1098 ft²
|
$299,900
1 Bed
1 Bath
1098 ft²
|
$299,100
-0.27%
08/12/2005
|
Mark Gibbons
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017