16 Lafayette Road
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 26, 2017 | Sold | ||
| Sold | |||
| Sep 6, 2017 | Listed by Classified Realty Group | $549,999 | |
| Listed by Classified Realty Group | |||
| May 20, 2011 | Sold | ||
| Sold | |||
| Oct 17, 2010 | Listed by Classified Realty Group | $288,000 | |
| Listed by Classified Realty Group | |||
| Feb 1, 2010 | Listed | $299,000 | |
| Listed | |||
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A 4-bedroom/2 bath colonial on a cul-de-sac in Reading under 300k? Huge 3 bedrooms and huge bathroom on 2nd floor. A bedroom and full bath on first floor & Open floor plan on first floor. High Ceilings. And bonus --- Detached two car garage! Lot of house for the price below land value assessed by the town! Deck off master bedroom. Patio. Den. High Ceilings. Near schools, park and Reading YMCA. The location and price of the home, both invites you to make this home your dream home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017