16 Michael 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%.
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed | $549,900 | |
| Listed | |||
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Don't miss this stunning Garrison-style home with incredible curb appeal! The bright and inviting living room features custom built-in cabinets and modern flooring, seamlessly flowing into a gorgeous sunroom—perfect for summer entertaining. The open kitchen boasts white cabinetry, granite countertops, a bay window overlooking the backyard, and a spacious dining area. All three bedrooms offer beautiful hardwood flooring, with the main bedroom providing generous space. Enjoy the convenience of first-floor laundry and central air. Step outside to a stamped patio with a built-in firepit, overlooking the expansive, partially fenced backyard. Garage offers a mini split for heat/AC great for the hobbyist! Ideally located just minutes from Raynham Center, schools, Rt. 24, Rt. 495, and more. Homes like this are rare—schedule your showing today! HIGHEST & BEST BY MONDAY AT NOON Please
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| Mar 20, 2018 | Sold | ||
| Sold | |||
| Jun 6, 2017 | Listed by New England Home Finders | $269,000 | |
| Listed by New England Home Finders | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017