16 Mckenney Cir
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by William Raveis R.E. & Home Services | $575,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nestled in the Shawsheen Heights neighborhood and NEW West Elementary School district, this classic cape style home is a true gem. Boasting 4 bedrooms and 1.5 baths, this residence has been meticulously cared for over the years. Step inside to discover the beautifully refinished hardwood floors, and fresh neutral interior paint. The living room includes a picture window providing an abundance of natural light and opens to the eat-in kitchen, with tile floor, perfect for cozy meals and gatherings. Two bedrooms on the main level offer both comfort and convenience, complete with ample closets and a full bath. Venture upstairs to find two additional bedrooms, one of which boasts a walk-in closet and a convenient half bath. The possibilities for expansion are endless with the lower level, offering high ceilings. Updates include a 3 year old roof, furnace, hot water tank and electrical. Enjoy all that Andover offers including schools, restaurants, shops and access to public transportation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017