16 Longmeadow Drive
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 15, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by HomeSmart Success Realty LLC | $130,000 | |
| Listed by HomeSmart Success Realty LLC | |||
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Completely renovated home located in Riverside Estates! SHOWINGS BEGIN AT OPEN HOUSE 6/4 11am-1pm. This bright and cheery 2 BR, 1 BA home has brand new flooring, paint, countertops, appliances, recessed lighting, new bathroom and a new private deck. Just minutes away from all major highway, restaurant's and shopping. Turn key home with the option of being sold FULLY FURNISHED. Dogs are welcome up to 80lbs fully grown, but there are some breed restrictions. Home must be owner occupied.
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| Feb 25, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by BHHS Verani Belmont | $39,900 | |
| Listed by BHHS Verani Belmont | |||
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Nicely remodeled home located in Riverside Estates, a prime location with convenient access to points north or south. Affordable 2 bedroom home w/ great updates including, plumbing, heat tape, fixtures, electrical, flooring, sheet rock & paint throughout. New kitchen cabinets, oak butcher block countertops and gas range. New bathroom shower & fixtures. Low maintenance double insulated windows & vinyl siding. Lovely sun-room entry w/ monitor heater makes this a nice place to relax. Spacious shed gives you ample storage and you will appreciated the 10x20 carport. Showings begin Sunday January 31st. Open House 11-1.
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| Oct 9, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017