16 Geiger Drive
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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by Advisors Living - Tewksbury | $500,000 | |
| Listed by Advisors Living - Tewksbury | |||
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Welcome to 16 Geiger Drive. This Split-entry home with 3 bedrooms and 1 3/4 bathrooms has maximum potential. The main level features are the living room with eat in kitchen and access to a deck overlooking the backyard, full bathroom and 3 spacious bedrooms. The lower level boasts additional finished space with a fireplaced family room, 3/4 bathroom and laundry room, and additional space for a home office or home gym. Lower level layout is ideal for the extended family! Walk out French doors to a wooded lot in a mature cul de sac. This home is in close proximity to schools, shopping, gyms, walking trails and a variety of restaurants and convenient highway access.
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| Nov 18, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017