16 Longmeadow 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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $484,900 | |
| Listed | |||
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Open House Cancelled - Offer accepted! This adorable Burncoat Bungalow will make you feel right at home! Enter through the sitting room, which flows seamlessly into a cozy living room w/ wall-to-wall carpeting. The kitchen features SS appliances, a gas Wolf range & oven, granite countertops, a breakfast bar w/ seating, & a sliding door leading to a composite side deck - ideal for enjoying the warmer months. A spacious formal dining room w/ 2 classic built-in China cabinets add charm & character. The 1st floor also offers a bedroom, full bath w/ a tub/shower, & a sunroom for added versatility and to enjoy reading & relaxing year-round. Upstairs, you'll find 2 more bedrooms, including a primary complete w/ a walk-in closet & a private bath w/ a shower stall. A detached one-car garage provides additional off-street parking and storage as well as addt'l driveway and parking on right side of house. All this in a fantastic location with easy access to restaurants, shopping, & major routes.
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| May 31, 2017 | Sold | ||
| Sold | |||
| Mar 7, 2017 | Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office | $269,900 | |
| Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017