16 Oak Street
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 |
|---|---|---|---|
| Oct 4, 2013 | Sold | ||
| Sold | |||
| May 24, 2013 | Listed by Debbie Blais Real Estate, Inc. | $179,900 | |
| Listed by Debbie Blais Real Estate, Inc. | |||
| Dec 31, 2009 | Sold | ||
| Sold | |||
| Nov 16, 2009 | Listed by Debbie Blais Real Estate, Inc. | $164,900 | |
| Listed by Debbie Blais Real Estate, Inc. | |||
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Four bedroom colonial with spacious rooms. 1st floor laundry, eat in kitchen, dining room and family room. Hardwood floors, high ceilings, replacement windows, and a new furnace. Located close to schools, public transportation, and major highways. Town water and sewer. Home is perfect for the large or growing family. NOT bank owned or short sale, just a motivated seller. Use your $8,000.00 tax credit for improvements.
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| Feb 28, 2005 | Sold | ||
| Sold | |||
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