16 Mitchell Avenue
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 |
|---|---|---|---|
| Jul 22, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | No longer available | - | |
| No longer available | |||
| Jun 3, 2020 | In contract | - | |
| In contract | |||
| Mar 8, 2020 | Listed by Keller Williams Rlty Landmark | $829,000 | |
| Listed by Keller Williams Rlty Landmark | |||
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Welcome to this charming colonial in beautiful town of Plainview. This home boasts a Master Bedroom Suite with 3 additional bedrooms, 2.5 Bathrooms, Formal Dining Room, Hardwood floors throughout, Spacious Eat-In Kitchen with Granite countertops and stainless steel appliances. Spacious Living room for entertainment, central AC, full finished basement, spacious backyard, and a water filtration system throughout. Click here to see a virtual walkthrough/tour: https://youtu.be/mhAjWX2He2o The manager has listed the unit size as 2298 square feet.
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| Feb 7, 2020 | Listed by Keller Williams Rlty Landmark | $829,000 | |
| Listed by Keller Williams Rlty Landmark | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017