16 Giles Avenue
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 5, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by James A. Finn & Sons | $479,000 | |
| Listed by James A. Finn & Sons | |||
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Ryal Side gem! This wonderful home has been lovingly cared for by the same family for over 70 years! Picture yourself relaxing on the front porch before entering the charming first floor featuring a sunny living room, formal dining room with built in china cabinet and spacious eat in kitchen. Uncover the hardwood floors throughout the first floor for an easy and impactful change. Just off the kitchen is the back entry that leads to the level backyard perfect for entertaining family and friends. Upstairs you will find three bedrooms all with hardwood floors and the full bathroom. There is ample storage in the eaves on the second floor as well as in the full basement that has interior and exterior access. This home has great bones and with some updating has endless potential to shine!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017