16 Kelly 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 |
|---|---|---|---|
| Oct 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 12, 2024 | Listed | $589,000 | |
| Listed | |||
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Welcome to this gracious 4-bed, 2.5-bath contemporary-cape style home nestled in Westfield's desirable Munger Hill area. Built in 1985 on a private .67-acre wooded lot, offering 2,243 sq ft of living space plus a 600 sq ft finished basement. Open floor plan connects kitchen, dining, and living areas, with separate formal living and dining rooms. Features include a floor-to-ceiling brick hearth fireplace, primary suite with jacuzzi tub, and first-floor laundry. Amenities abound: hot tub, central air, central vacuum, sprinkler system, security system, intercom, cedar closet and invisible dog fence. Recent upgrades during current ownership include refinished hardwood floors, city sewer conversion, propane stove installation, and new tile flooring in formal areas. The foyer leads to a three-quarter story with three bedrooms and a full bath, completing this well-designed home! Located on a quiet side street, this property combines natural beauty with modern comfort!
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| Feb 1, 2005 | Sold | ||
| Sold | |||
| Nov 26, 2004 | Listed | $369,900 | |
| Listed | |||
| Jun 30, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017