16 King Philip Trail
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 |
|---|---|---|---|
| Jan 20, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2011 | Listed by RE/MAX American Dream | $131,220 | |
| Listed by RE/MAX American Dream | |||
| Sep 22, 2009 | Listed by Central Mass Real Estate | $239,900 | |
| Listed by Central Mass Real Estate | |||
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Move right into this spacious young colonial located 5 mins from Rte 2. Home features 3 brs and bonus room w/closet in basement. Walk-out basement is ready for finishing, studded walls, insulation and wiring is complete. Enjoy the large eat-in kitchen that opens to fireplaced living room. Hardwood floors throughout first floor. Large bedrooms and laundry room located on 2nd fl. Laundry room can easily be converted to master bath. Back yard is totally fenced in, great for kids. A MUST SEE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017