16 Marc 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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Realty Connect USA L I Inc | $649,999 | |
| Listed by Realty Connect USA L I Inc | |||
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Stunning 4-Bedroom, 2.5-Bath Home Backing State Land! Welcome to your dream home nestled in a serene setting, featuring exquisite craftsmanship and luxurious amenities throughout. This meticulously maintained property offers:Bedrooms: 4 spacious bedrooms, Bathrooms: 2.5 beautifully appointed baths, Parking: 2-car driveway with elegant pavers Interior Features:Kitchen: Custom-designed with hickory cabinets, KitchenAid chef's commercial stove, granite countertops, and convenient pull-outs. Brazilian walnut floors in dining room and den. Custom designed master bath with a luxurious shower stall, 2-zone central air conditioning, 3-zone heating for personalized comfort, Solar Panels: Owned outright, significantly reducing PSEG bills to only $30/month in summer and $100/month in winter. Exterior Oasis, Outdoor Amenities: Relax and entertain with a fish pond, retractable awning, built-in firepit, and gazebo,Patio: Features epoxy finish and two granite counters, perfect for outdoor dining and gatherings, Outdoor speakers enhance the ambiance for gatherings and parties. in-ground sprinklers, Backs State Land: Enjoy privacy and tranquility with nature as your backdrop. This home offers the perfect blend of luxury, functionality, and eco-friendliness. Schedule your private tour today and experience the beauty and comfort this property has to offer.
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| Nov 22, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017