16 Harris 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%.
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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 |
|---|---|---|---|
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by KW Coastal and Lakes & Mountains Realty | $599,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
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Welcome to Harris Ave! This Harbor Side retreat has been completely rehabbed over the last four years. Front east facing sunroom is morning sun drenched with brick wall & vinyl plank flooring. Continue into family/dining room with white washed knotty pine, white brick fireplace with new gas insert and a large dining table perfect for your family to gather! The kitchen with new appliances, new remodeled full bath with tile floor & tile wall in shower and two bedrooms. Back sunroom gets sun all afternoon, has another large bar height game table, a TV and windows that overlook the backyard. A first floor laundry and stairway brings you upstairs. Here you'll find another large bathroom with double sinks separated from the lavatory and tile walk in shower. You'll also find two more bedrooms and a second floor 8'x22' deck overlooking the backyard! Outside there is parking for four vehicles. Rough seas keeping you off the beach? No problem! Out back you'll find the 'Crowd Pleaser', an inground cement pool that has recently been resurfaced! One patio area for table & chairs and another for lounge chairs for morning coffee or all day tanning. Play cornhole or lay towels on the grass. Swim at night with the underwater pool light and string lights over the table patio. Rents all 10 weeks for $3100/week +1 preseason at $1800. Seller is a NH Licensed Real Estate Agent. Showings begin 11/20, Open Houses 11/21 & 11/22 at 10:00-2:00. Covid awareness, masks required, only 3 per party please.
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| Jul 7, 2016 | Sold | ||
| Sold | |||
| Jun 23, 2016 | Listed by Kennedy Loiseau Real Estate | $329,900 | |
| Listed by Kennedy Loiseau Real Estate | |||
| Jul 17, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017