16 Heather 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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Keller Williams Realty-Merrimack | $1,175,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Set on a cul-de-sac in the desirable Hitchin’ Post Greens neighborhood, this meticulously maintained 4-bed, 3-bath colonial offers spacious rooms, soaring ceilings, oversized windows and skylights, and a versatile floor plan. The expanded kitchen with cherry cabinetry, two pantries, granite-topped center island, and a full bay eat-in area is large enough to host a crowd. Dine al fresco on the brick patio and watch the hummingbirds delight in the vibrant, well-designed gardens. The vaulted family room with bay windows, custom bookcases, and a wood-burning fireplace is another perfect place to unwind. Have extended guests that cannot do stairs? Not a problem. The 1st-floor office can easily convert to a bedroom, and the zero threshold full bath makes it easy to maneuver. Updates include: driveway (2022), high-efficiency water heater (2022), HVAC (2018), and roof (2011). Great location near neighborhood field & basketball court and close to schools, beach, and retail/restaurants.
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| Aug 19, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017