16 Irene 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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by William Raveis R.E. & Home Services | $289,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Just starting out or downsizing? You will love this move-in-ready RANCH! Featuring 3 ample bedrooms, 2 FULL baths and an attached garage, this lovely home is a MUST SEE! Other sought-after items include; hardwood floors, a spacious living room with fireplace, dining room with French door to patio, eat-in-kitchen (freshly painted) with new LV floor and an updated 1st floor bath. The basement offers additional finished space, the SECOND full bath and a dedicated laundry area. Gas heat and newer roof (2019 APO) keep this wonderful home tight and toasty through all kinds of weather. Outside the large, fenced-in backyard with playscape and hot tub (negotiable) will make the perfect spot to host all your celebrations. Located in a well-established residential neighborhood, this home is in proximity to both East Longmeadow and Longmeadow and close to schools, parks, major shopping areas, and even a golf course! Showings begin Friday 10/11/24 BUT you can schedule a showing appointment NOW!
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| Apr 14, 2016 | Sold | ||
| Sold | |||
| Aug 14, 2015 | Listed by William Raveis R.E. & Home Services | $139,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017