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16 Mariner Rd
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%.
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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 1, 2019 | Sold | ||
| Sold | |||
| Jan 17, 2019 | No longer available | - | |
| No longer available | |||
| Sep 30, 2018 | Price Decreased |
$879,000
↓ $46K
(5%) | |
| Price Decreased | |||
| May 21, 2018 | Listed | $925,000 | |
| Listed | |||
| | |||
|
SURPRISING! SIX Bedroom, FOUR Bathroom, Four LEVEL home with a LEGAL apartment, walk up ATTIC and a GARAGE, in excellent condition. This large Single family home with Accessory Apartment has been tastefully renovated, with a lovely front yard, huge back yard and a wonderful deck for entertaining. Main level has three different living spaces including a large eat in kitchen with painted cabinets, granite counters, movable island and stainless steel appliances. Open plan kitchen and dining area is so large it accommodates a dining table for up to 10, as well as banquette seating! There's also, a living room and a den/tv room, a full bath and a laundry area in terrific mudroom. Upstairs there are Four bedrooms including a Master with an Ensuite complete with jet/soaking tub and shower. Three generous sized guest bedrooms share a full bathroom. Walk up to a huge, bright, functional Attic space. Back on the main living level, the dining area leads out to an enormous mahogany deck with Outdoor Shower overlooking a huge back yard. APARTMENT: Accessory apartment on lower level with interior access and walk-out to 'patio' area and back yard. Living area is divided between a living room, kitchen with dining area, a full bath and a den. There are two more bedrooms on this level. Garage can be used for storage, has a separate entrance and a room above which would make a terrific home office. Walking distance to Tisbury School, town and Ferry. This is a lot of house and must be seen. Title 5 Certification for a 6 Bedroom system in place. The manager has listed the unit size as 3193 square feet.
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| Jul 23, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017