16 Linden Lane
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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 19, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | In contract | - | |
| In contract | |||
| Apr 18, 2020 | Listed by Saunders West LLC | $2,295,000 | |
| Listed by Saunders West LLC | |||
| Jun 20, 2019 | No longer available | - | |
| No longer available | |||
| Sep 12, 2018 | Listed by Douglas Elliman Real Estate | $2,295,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Over 1 Acre Shingle Style W 5000 Sq Ft Of Living. 1st Flr W Woodworking Stone Fireplc Den Kitchen Dining Rm Guest Bed & Sun Room. 2nd Flr W 3 Guest Beds, 2 Baths, Office & The Master Suite W Bath & Fireplace. Also Wine Cellar, Expansive Decking, Endless Rolling Lawns, Outdoor Shower, & Free Form Gunite Pool With Hot Tub. The manager has listed the unit size as 5000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017