1
Map
16 Heritage Ln
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 |
|---|---|---|---|
| Oct 27, 2021 | No longer available | - | |
| No longer available | |||
| Oct 21, 2021 | Listed by Keller Williams Realty-Merrimack | $349,999 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Welcome to stylish and charming 3 bedrooms ranch located in a sidewalked neighborhood yet close enough to major highways for commuters. This home boats a large mudroom entry with a home office set up. Light and bright kitchen/dining area with french doors letting in tons of sun light. Plenty of storage in the ample cabinets. Large living room with bay window where all can enjoy a afternoon football game or just a cozy spot to read a book. 3 great size bedrooms all with good size closets. A full unfinished basement just waiting for your creativity and ideas. The french doors off the dining room lead onto a deck overlooking the very spacious backyard which includes a large workshop/shed. Several fruit trees (Pear, Apple, etc) and dedicated gardening space. Brand new fence. Expanded driveway for additional parking and very attractive wood retaining walls recently added to the front yard. All windows have lifetime warrantly. This one won;t last. The manager has listed the unit size as 1050 square feet.
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| Dec 28, 2006 | Sold | ||
| Sold | |||
| Oct 15, 2006 | Listed | $239,900 | |
| Listed | |||
| Oct 30, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017