16 George Street
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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Listed by CR Premier Properties | $270,000 | |
| Listed by CR Premier Properties | |||
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HIGHEST AND BEST MONDAY 9/30/2024 at 6pm EST. Experience affordable living at its finest in the picturesque town of Putnam, CT. This residence seamlessly blends timeless charm with modern amenities, including owned solar panels, new roof in 2022, an electric vehicle charging station, and a high-efficiency Buderus boiler. Upon entering, you will be welcomed by an open-concept layout and 9-foot ceilings. The kitchen has been tastefully updated with Corian countertops and an integrated Corian sink. The first-floor half bath has been thoughtfully renovated and exudes classic elegance. Upstairs, you'll find three generously sized bedrooms filled with natural light, along with a full bathroom. This home is tucked away in a quiet neighborhood but in walking distance to the downtown area where there is shopping and great restaurants.
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| Jul 2, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by Johnston & Associates Real Estate | $195,000 | |
| Listed by Johnston & Associates Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017