16 Knowlton Circle #16
About This Property
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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 28, 2016 | Sold | ||
| Sold | |||
| Feb 1, 2016 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $163,100 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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40B resale in Upton. Subject to 40B guidelines & deed rider. Deed restricted property. Must be owner occupied. Income restrictions are as follows: 1 person $46,100, 2 people $52,650, 3 people $59,250, 4 people $65,800, Household Asset limit $75,000. Spacious 3 bedroom Townhome with 2.5 baths and a 2 car attached garage. The first floor offers a spacious kitchen with stainless steel appliances & dining area with gorgeous hardwood floors. This home has an open floor plan, high ceilings and lots of windows. The living room leads to the dining area. The second floor has a spacious open loft area in addition to the 3 bedrooms. The master bedroom is a generous size and offers a full bath and walk-in closet. Convenient laundry facilities are also located on the 2nd floor. Plenty of storage in the finished basement.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
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02/01/2016
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3 Bed
|
3 Bath
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1731 ft²
|
$163,100
3 Bed
3 Bath
1731 ft²
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$163,100
04/28/2016
|
Mary Didomenico
Coldwell Banker Realty - Northborough
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017