16 Phinney Lane
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 |
|---|---|---|---|
| Jul 6, 2021 | Sold | ||
| Sold | |||
| May 25, 2021 | Listed by Carey Giampa, LLC/Rye | $525,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
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This bright and sunny ranch has just completed a full renovation. Gorgeous throughout! Open concept layout. The stunning kitchen offers high quality soft close cabinetry, undercabinet lighting, beautiful stone countertops including a spacious island with seating and Frigidaire Gallery Appliances. The adjacent dining area opens into a new covered porch with composite decking, stairs and railings, bead board ceilings and a large fan. This will be your favorite spot all summer long! Luxury vinyl plank flooring in the living areas and hardwood in the bedrooms. The floorplan includes three bedrooms, all with ceiling fans. The ensuite master has a full tile shower and the guest bath features a tub with a tile surround. In addition, this home has many new improvements: roof, vinyl siding, windows, electrical, plumbing, baseboards, attic insulation, new solid wood interior doors, new exterior doors and outside lighting, and and more! One car garage with new garage door, and opener. Located in a quiet neighborhood within easy distance to downtown Exeter or Hampton's sandy coastline. Close to commuting routes too.
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| Dec 30, 2020 | Sold | ||
| Sold | |||
| Oct 21, 2020 | Listed by Carey Giampa, LLC/Rye | $299,900 | |
| Listed by Carey Giampa, LLC/Rye | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017