16 Powerline Drive
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 13, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by ERA Key Realty Services - Westborough | $679,900 | |
| Listed by ERA Key Realty Services - Westborough | |||
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Discover the perfect blend of elegance and comfort in this beautifully appointed home nestled on a serene cul-de-sac in one of Grafton’s most sought-after neighborhoods. Step inside to gleaming hardwood floors that flow throughout. The heart of the home is a white kitchen with granite countertops and sleek stainless steel appliances. Entertain with ease in the elegant formal dining room, enhanced by French doors that open into a spacious living area with a charming bay window. Cozy up by the fireplace or unwind in the versatile step-down bonus room, complete with a vaulted ceiling and sliding doors leading to a private deck overlooking the backyard. Upstairs, you’ll find four generously sized bedrooms, each with hardwood floors and custom closet systems. The two full bathrooms feature contemporary granite countertops and stylish finishes. Additional highlights include a convenient three-car garage and a move-in-ready condition, making this the ideal family home!
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| Jun 8, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by ERA Key Realty Services - Westborough | $599,900 | |
| Listed by ERA Key Realty Services - Westborough | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017