16 Michelle Ln.
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 4, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Keller Williams Elite | $550,000 | |
| Listed by Keller Williams Elite | |||
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FIRST SHOWING AT OPEN HOUSE ON Feb 17th & 18th 11-1. Incredible location for easy living! This 3 bedroom Garrison, situated in the established Camelot neighborhood is perfect for easy highway commuting, bus lines, shopping, and restaurants.There is ample space for everyone here, with three level living. First floor laundry, spacious family room with a cathedral ceiling leading to the deck for summer barbecues. Partially finished basement for additional space. Don't miss the opportunity for a great place to call home.
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| Apr 15, 1997 | Sold | ||
| Sold | |||
| Jan 8, 1997 | Listed by Keller Williams Elite | $159,900 | |
| Listed by Keller Williams Elite | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017