16 Lynne Road
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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Lamacchia Realty, Inc. | $489,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Charming 3-bedroom, 2-bath ranch in a prime cul-de-sac location! Located less than a mile away from Swift beach, this property combines convenience with coastal living. This home offers central air and a spacious 2-car garage. Inside, you'll find beautiful hardwood floors throughout, adding warmth and character to every room. The kitchen opens up to your sunlit dining area designed with plenty of room to entertain with a large bay window. The living room has access to large level backyard perfect for outdoor activities and gatherings. The three bed rooms are large and all have tons of storage. Enjoy the potential of the large unfinished basement, ideal for storage or future expansion. Don't miss the opportunity to make this delightful home your own! Updates include, new water heater. Showings at Open Houses.
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| Feb 14, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017