16 Howard 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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by Advocate Realty Associates, Inc. | $595,000 | |
| Listed by Advocate Realty Associates, Inc. | |||
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Classic New England Colonial with 4 bedrooms and 2 full baths has been beautifully updated inside and out. This home was completely renovated by the prior owner in 2019 and the current owners have continued to make improvements, including a new 4-bedroom septic system in 2025, solar panels (owned, not leased!), an electric vehicle charger, a Tesla Powerwall backup power system, certified deleading, and more (complete list is attached to the MLS listing). The main level features an eat-in-kitchen with a large dining room with French Doors to the front living room, one bedroom, a full bath with shower, and a laundry nook. There are three more bedrooms and a second full bath upstairs, and the home boasts gorgeous wood floors in most rooms. Charming side street location near the end of a cul-de-sac but conveniently located just off Route 37 with easy access to both the MBTA bus line and two Commuter Rail stations (Montello and Holbrook/Randolph). This one is an absolute gem!
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| May 7, 2019 | Sold | ||
| Sold | |||
| Mar 21, 2019 | Listed by Stikeleather Real Estate | $379,900 | |
| Listed by Stikeleather Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017