16 Monterey Dr
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 28, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by Suburban Lifestyle Real Estate | $950,000 | |
| Listed by Suburban Lifestyle Real Estate | |||
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This beautiful home with a main level IN-LAW is perfect for a multi-generational family. Beautiful design, both homes have a front door, side by side, each with a deck & stairs to the lower level. Main home has living room with hardwood floors and a wood stove. Dining room, is being used as a den. Kitchen has new granite counters, stove and sink, open to the breakfast area. Slider door leads to a beautiful deck where you can enjoy your morning coffee or tea. Full bathroom on the 1st floor totally updated. 2nd floor has the master bedroom w/hardwood floors & sitting area, 2 additional bedrooms have hardwood floors, one with walk-in closet. Full size bath has a tub and shower. In-law side has living room with cathedral ceiling, large kitchen with lots of counter space, eating area & access to the deck. Large bedroom w/hardwoods. Basement has a large room w/access from the garage, perfect for home office or playroom. LL 1/2 bath & Laundry area! Wonderful property, Must be seen!
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| Jan 11, 2007 | Sold | ||
| Sold | |||
| Jul 10, 2006 | Listed by Suburban Lifestyle Real Estate | $569,900 | |
| Listed by Suburban Lifestyle Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017