16 Nixon Ln.
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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by GDP Real Estate Group, LLC | $849,900 | |
| Listed by GDP Real Estate Group, LLC | |||
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Rare opportunity to own a home In Robin Hood school district on a cul-de-sac in convenient location in Stoneham! 4/5 bedroom Brick front home with in-law potential features Large kitchen, family room and dining room offer great space for entertaining. Lower level features fully applianced kitchen with bedroom and full bathroom. Additional features include a primary bedroom with ensuite bath, large backyard, central A/C, 2 woodburning fireplaces, 2 laundry hookups, 1 car garage and much more. 16 Nixon is conveniently located near major highways, public transportation and many dining and shopping options Stoneham has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017