16 Nickerson Rd
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 |
|---|---|---|---|
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | In contract | - | |
| In contract | |||
| Mar 15, 2023 | Listed by Coldwell Banker Realty - Lexington | $1,599,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Location, Location, Location,Maria Hastings Elementary School. Before and after photos show the renovations. This move in ready 5 bed house is only a few minute walk to Lexington Center. The hardwood floors throughout have been refurbished, wallpaper & carpeting has been removed and walls freshly painted, baths completely renovated and expanded, 7 zone AC/Heat pump system installed, new tile flooring & carpet in family room and other updates. On the main level there is a huge formal living room (with a fireplace) and dining room, that has a 180sq foot screened porch off of it, with new indoor/outdoor carpeting. All 5 beds are very good sized and are located on the 2nd and 3rd floors. On the lower levels there is a FR, a game room (with a fireplace), a storage room and access to the 2 car garage, which has had the expoy flooring redone & 2 new garage doors installed. With over 3,200 sf of finished living space in this house, there is still over1,200 sf of unfinished space for storage.
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| Nov 9, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Oct 7, 2022 | Price Decreased |
$1,499,000
↓ $151K
(9.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017