16 Middlesex Road
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed | $699,000 | |
| Listed | |||
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OFFER ACCEPTED; BACK-UP OFFERS WELCOME! Here is one you have been waiting for! Beautifully remodeled ranch on lovely street in very desirable neighborhood. Short walk to the top-rated elementary school in Sharon. 5-minutes drive to commuter rail, lake, center of town, Costco. Very spacious open floor plan with FOUR bedrooms and TWO FULL bathrooms all on the main level. Beautiful Hardwood floors throughout (tile in bathrooms), BRAND NEW kitchen with HIGH-END SAMSUNG BESPOKE appliances and INDUCTION STOVE. NEWLY REMODELED bathrooms. LARGE master bedroom, WALK-IN CLOSET, FIREPLACE. BONUS large finished basement, which is NOT included in the living area! CENTRAL AIR CONDITIONING, FOUR-YEAR-OLD ROOF, BEAUTIFUL outdoor patio, and LOVELY yard. LARGE 4-car driveway. LAUNDRY room and lots of storage space. Everything you could want.
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| May 5, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 30, 2025 | Price Decreased |
$729,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017