16 Hollett St
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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Coastal Countryside Properties | $629,000 | |
| Listed by Coastal Countryside Properties | |||
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This is better than a diamond in the rough since this little gem is perfectly livable as is. There is still quite a lot of upside potential, however, as with a few updates, this one could truly sparkle! Highlighted with wood flooring through most of the house, the living space is efficiently laid out and includes areas that would work nicely for home office use. There is a light and airy sunroom showcased by a hand-painted mural of the Lighthouse and Caretakers cottage on Cedar Point overlooking Scituate Harbor. The in-ground swimming pool is open for business and offers refreshing relief from a hot summers day or, if preferred, the ocean beach at Minot is down the street. Canoeing and kayaking opportunities on the Gulph River is nearby. Convenient to the shops at North Scituate Village and the commuter train to Boston and in an A+ location, this is currently the best value in Scituate, hands down! A new 3 bedroom (repair) septic is in process with a Certificate of Compliance coming.
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| Apr 8, 1992 | Sold | ||
| Sold | |||
| Feb 10, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017