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16 Loretta 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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | Listed by Keller Williams Gateway Realty/Salem | $749,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
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Bright & Spacious best describes this Expansive 5+ Bedroom, 2 Full Bath Garrison Colonial home, Situated Beautifully at the Top of a hill on a cul-de-sac and very well suited for a Multi-Generational Family. Enjoy the sundeck and view of your Gorgeous 2.3 acre Private and Wooded Backyard. There's plenty of room outback with the possibility to add a detached Accessory Dwelling Unit. Inside, a Spacious, Eat-in, Fully Applianced Kitchen and flows nicely into the Dining Room and the Enormous Great Room (30 x 25!) with Hardwood Flooring, Vaulted Ceiling, Recessed Lighting and a Fireplace with slider to the sundeck overlooking the big back yard. This is just an Incredible Home to Entertain Friends and Family! A Spacious First Floor Bedroom, Full Bath with Washer & Dryer, and Living room complete the first floor. Upstairs, you'll find four more Spacious Bedrooms and a Full Bath. The unfinished walkout basement offers plenty of storage and more area to make additional living space. The added garage door offers easy access and many storage possibilities. Minutes to major routes and a short drive to Tuscan Village. See 3D Tour.
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| Sep 9, 2008 | Sold | ||
| Sold | |||
| Jul 18, 2008 | Sold | ||
| Sold | |||
| Apr 3, 2008 | Listed | $293,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017