16 PHILLIPS Street
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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.
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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 3, 2022 | No longer available | - | |
| No longer available | |||
| Feb 25, 2022 | In contract | - | |
| In contract | |||
| Jan 26, 2022 | Listed by DANIEL L AUBRY LIC. RE BKR | $575,500 | |
| Listed by DANIEL L AUBRY LIC. RE BKR | |||
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Classic Nineteenth Century Beacon Home tastefully updated for a 21st. Century lifestyle. The house is deeply set back from the streetfor added privacy with a swath of landscaped lawn between it and the sidewalk. The modern chef's kitchen with stainless appliances connects through French doors to the the fully fenced in rear yard. Stadium seating and a pea gravel patio with firepit are perfect for entertaining. The yard has a mature tree and includes a generous shed/workshop. The dining and living room areas now flow seamlessly together. Rocking chair front porch. The ground floor has a full shower bath with elegant imported tiling. Harwood floors throughout. At the back is a mudroom with a washer dryer hookup and its own access to the yard. Heating and airconditioning throughout the house are provide by Mitsubishi splits'. Silent and extremely energy efficient wall units with the compressor outside the house. Upstairs are three bedrooms with a full bath with tub adjoining the street facing principal bedroom. Original wideboard flooring throughout the second floor. Spacious attic provides ample storage in addition to the basement.Off Street parking for three or more vehicles. Easy Walking distance to Beacon Main Street with its lively mix of bars, restaurants, live music venues and art galleries. Five minutes drive to the MetroNorth station with hourly trains to Grand Central. The manager has listed the unit size as 2020 square feet.
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| Sep 3, 2021 | Sold | ||
| Sold | |||
| Feb 23, 2021 | Listed by C21 ALLIANCE REALTY GROUP LG | $299,000 | |
| Listed by C21 ALLIANCE REALTY GROUP LG | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017