16 Martin 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 |
|---|---|---|---|
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed | $549,999 | |
| Listed | |||
| Nov 20, 2009 | Sold | ||
| Sold | |||
| Sep 9, 2009 | Listed by Cameron Real Estate Group | $349,900 | |
| Listed by Cameron Real Estate Group | |||
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Completely re-built home, new construction throughout, quiet side street, huge renovated barn/garage, new roof, siding, windows, insulation, blueboard, paint, heating, electric, kitchen, baths, floors, appliances, water heater, granite and hardwood throughout, large porch and covered deck, priced to sell. Open House Sunday 1:30 to 3:30.
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| Jun 8, 2009 | Sold | ||
| Sold | |||
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