16 Nova #B
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%.
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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, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | In contract | - | |
| In contract | |||
| Sep 27, 2023 | Listed by Keller Williams Realty Boston Northwest | $284,900 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jun 28, 2021 | Listed by Keller Williams Realty Boston Northwest | $250,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
|
2 Bedroom Townhouse Condominium located on a QUIET street with large private yard. Close to downtown, schools, and public amenities. Property has a fully applianced Kitchen with ceramic tile. An eat-in Kitchen area provides exterior access to a beautiful CATHEDRAL screened-in Porch and backyard deck areas. One car garage with workshop area. NATURAL GAS forced hot water heating is set up with two zones (main floor and 2nd-floor Bedrooms). The lower level includes a large Play Room with a high ceiling and a utility room with washer and dryer. Within the past 6 years, all major maintenance items replaced such as windows, furnace, water heater, and roof. NO homeowner’s association fees. This property would make a great home for the first-time buyer or someone looking to downsize. OFFERS DUE BY TUESDAY JULY 6TH 6:30 PM. Seller reserves the right to choose any offer at any time.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/27/2023
|
2 Bed
|
1 Bath
|
1224 ft²
|
$284,900
2 Bed
1 Bath
1224 ft²
|
$330,000
+15.83%
11/01/2023
|
Curtis Blomberg
Keller Williams Realty Boston Northwest
| |
|
06/28/2021
|
2 Bed
|
1 Bath
|
1224 ft²
|
$250,000
2 Bed
1 Bath
1224 ft²
|
$263,000
+5.20%
08/13/2021
|
Ann Erickson Shaw
Keller Williams Realty Boston Northwest
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017