16 Main Street
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 2, 2013 | Sold | ||
| Sold | |||
| Mar 3, 2012 | Listed by Lifeguard Realty, Inc. | $72,500 | |
| Listed by Lifeguard Realty, Inc. | |||
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Look no further your next home has 2 bedrooms, 1 bathroom, hardwood floors, shed, enclosed porch and so much more. Home needs work but priced to sell! Also may be possible to build your dream home on this large 1.23 acre wooded lot or add to additional home. Don't miss this opportunity and act today! Some pipes and wiring missing in home. Sold "as is"
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| Dec 12, 2011 | Sold | ||
| Sold | |||
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