16 Monroe Lane
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 |
|---|---|---|---|
| Nov 1, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $359,000 | |
| Listed | |||
| | |||
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COLONIAL in the desirable OAKLEY HILL neighborhood. Well maintained home situated at the end of a cul-de-sac. Spacious living room and dining room. Nice sized family room off of kitchen. Large master bedroom with private bathroom. Backyard is quiet and peaceful, almost country like. This one will not last!
| |||
| Jul 23, 2018 | Listed by Keller Williams Realty Monmouth/Ocean | $359,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017