16 Nelson St
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 16, 2015 | Sold | ||
| Sold | |||
| Jul 17, 2015 | Listed by Right Choice Real Estate | $114,500 | |
| Listed by Right Choice Real Estate | |||
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Lots of potential for this cottage, needs work as reflected in price. Off street parking, enclosed yard.
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| Apr 20, 2011 | Sold | ||
| Sold | |||
| Dec 23, 2010 | Listed by Majestic Real Estate | $67,500 | |
| Listed by Majestic Real Estate | |||
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HUD HOMES SOLD AS-IS; See FIRM REMARKS (below) for bidding info. FHA # 251-314801, FHA insurability code UI; Lead Based Paint Notices. Up to 3% comm to selling broker. Access with HUD key, show anytime. New Homes Each Day. . No warranties, guarantees or representations either expressed or implied by broker or owner.
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| May 5, 2005 | Sold | ||
| Sold | |||
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