16 Larose Avenue
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Listed by J. Barrett & Company | $399,000 | |
| Listed by J. Barrett & Company | |||
| | |||
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At this price, you can't even buy the house lot! Come make an offer on the house on "The Hill"! This home has been in the family for over 70 years and it's time to be passed on to a new owner! Enjoy the awesome hiking trails right behind the house and strolls around Dykes Pond Reservoir. This home was once upon a time a summer cottage that has been converted over the years for year round living. With your vision and creativity, you can make this very adored home your own! The 11 250sf lot allows for ample parking and great outdoor fun! Passed Title V certificate in hand designed for a 4br home. One of the bedrooms is a walk through to the other. Easy to show, call to get in asap.
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| Mar 27, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017