16 Piper Drive
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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 |
|---|---|---|---|
| Apr 8, 2022 | Sold | ||
| Sold | |||
| Jan 24, 2022 | In contract | - | |
| In contract | |||
| Dec 30, 2021 | Listed by EXP Realty | $1,198,000 | |
| Listed by EXP Realty | |||
| | |||
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Over 2400 Sq. Ft. 4 Bedroom, 2.5 Bathroom, Splanch in the Heart of Searingtown w/ Herricks School District! Spacious and Bright Home w/an Amazing Backyard! Huge Eat In Kitchen With Laundry Room. Formal Dining Room, Den, Sliding Doors To Patio, Hardwood Floors, Central Air Conditioning all in a private Cul-De-Sac. Roof is 6 Years Old, Oil to Gas Conversion and Water Boiler only 4 years old, All bathrooms redone, New Hi Hat LED lighting, Freshly Painted w/Hardwood Floors throughout. Great Location, Nothing like it in Searingtown right now, Great Property, 2 Car Attached Garage, Close to EVERYTHING!
| |||
| Dec 16, 2021 | Listed by EXP Realty | $1,198,000 | |
| Listed by EXP Realty | |||
| Jun 11, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017