16 Pierce St
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 |
|---|---|---|---|
| Sep 6, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Remax A-Team | $650,000 | |
| Listed by Remax A-Team | |||
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Classic Cape-Style home featuring 4 bedrooms and 2.5 baths, including a newer master suite addition in 2015. The updated eat-in kitchen boasts white cabinets, a center island, and granite countertops. Situated on a desirable corner lot in a lovely neighborhood, this property also includes a two-car detached garage and an inviting in-ground pool, perfect for summer entertaining. This home offers a blend of classic charm and modern amenities.
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| Jun 16, 2011 | Sold | ||
| Sold | |||
| Apr 22, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017