16 Meriam 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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Residential Realty Group | $825,000 | |
| Listed by Residential Realty Group | |||
| | |||
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Welcome to your dream home! This stunning property features 4 spacious bedrooms and 3 full baths, including a main floor bedroom and a magazine-worthy bath. The large living area boasts a cozy fireplace and two built-in bookcases, seamlessly flowing into a charming dining area with additional custom built-ins. The kitchen, equipped with a breakfast bar, overlooks a beautifully fenced backyard—perfect for outdoor gatherings. The first floor also includes a delightful sunroom with sliders that invite natural light. The lower level offers a finished family room ideal for relaxation and entertainment, along with a full bath/laundry room and a separate utility/storage area. Additional amenities include a one-car garage and shed for extra storage. Located just minutes from the commuter rail, an array of restaurants, shops, and the scenic Lake Quannapowitt, with easy access to highways, this home offers the perfect blend of comfort and convenience. Don’t miss this incredible opportunity.
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| Jun 27, 2014 | Sold | ||
| Sold | |||
| Apr 29, 2014 | Listed by Residential Realty Group | $499,900 | |
| Listed by Residential Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017