16 Ledge Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $229,800 | |
| Listed | |||
| | |||
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Contractors take notice. A complete rehab property. Over 3000sf of living space in a very convenient location. 5 Bedrooms, 3 full baths, loads of space. Bring your ideas! This house will not qualify for FHA or conventional financing. Cash Buyers or construction financing. Seller makes no representations as to the condition of the property or its services including septic and well. The Property is being sold as is, where is. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. The manager has listed the unit size as 3321 square feet.
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| May 9, 2018 | Listed by Keller Williams Realty Success | $199,000 | |
| Listed by Keller Williams Realty Success | |||
| Mar 28, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017