16 Prince 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Sagan Harborside Sotheby's International Realty | $699,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Discover this charming home in a tranquil neighborhood, centrally located near downtown, Devereux Beach, Abbott Public Library, schools, and more. Recently updated with full insulation, Harvey siding, and PVC trim, this home offers low maintenance and effortless living. The curb appeal is unmatched with durable driveway pavers and pea stone flower beds adding to the serene atmosphere. The fenced-in lot features a detached one-car garage, rear deck and yard offering a private oasis in town. Ideal for small families, first-time buyers, or downsizers, this home exudes warmth and comfort. The living room, centered around a charming gas fireplace, flows into the kitchen with dining area and French doors lead to a delightful rear deck. The inviting one-level residence boasts 2 cozy bedrooms and a full bath on the main level. Additional highlights include a 750 sq ft unfinished attic and a 530 sq ft unfinished basement, providing ample storage or potential for future expansion.
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| Jul 3, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 25, 2024 | Price Decreased |
$749,000
↓ $26K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017