16 Old Noxon Road
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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| May 9, 2023 | Listed by Century 21 Alliance Rlty Group | $489,000 | |
| Listed by Century 21 Alliance Rlty Group | |||
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Unleash your imagination!! Nestled amidst mature trees, this cozy 4 bedroom brick home sits on over 6 acres with endless possibilities! Hardwood floors are found throughout the home. The primary level includes a kitchen with an eating area, two bedrooms, a full bath, living room with a stone fireplace and a Walk Out to side porch. As you walk up stairs, you'll discover two more spacious bedrooms and half bath. Second floor bedroom includes a recently installed skylight and a Juliet balcony that overlooks the rear of this serene and secluded property. As you walk the grounds, you'll soon realize nowhere else can you find a more peaceful and tranquil ambiance, complete with a pre-existing tennis court and inground swimming pool. Opportunity to expand on the home, build second/main home and utilize existing home as a rental/guest quarters or a possible subdivision. Come take a look and explore the possibilities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017