16 Ledgecrest Drive
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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 |
|---|---|---|---|
| Jun 14, 2017 | Sold | ||
| Sold | |||
| Jan 11, 2016 | Listed by Coldwell Banker Realty - Worcester | $110,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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No condo fees-Large 2 plus bedrooms. Duplex on west side/ Airport Drive area. lovely designer Black appliance's in eat in Kitchen. Open dining room Living room concept. With 1 1/2 Bath. Upstairs 2 Bedrooms and full Bath. Large 2 closets in Master Bedroom. Partially finished basement now being used as 3rd bedroom. Private back yard and huge deck for Spring and Summer entertainment with new sliders and double pane door. All new windows, add one car garage and you are home.
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| Jul 16, 2002 | Sold | ||
| Sold | |||
| Apr 20, 2002 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $129,900 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
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Address: 335 Madison Avenue, New York, NY 10017