16 Purdue Ave
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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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by RE/MAX SELECT - Oakland | $700,000 | |
| Listed by RE/MAX SELECT - Oakland | |||
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For more information on this home please contact Benny Abramov- 201-747-0564 Step into this 1,632 sq. ft. sunfilled ranch home, perfect for extended living and showcasing true pride of ownership. Enter through the tiled foyer into the living room with cathedral ceiling, skylight, and a masonry fireplace. The dining room, adorned with crown molding, opens to a Trex deck that overlooks a serene, fenced backyard. The gourmet kitchen boasts custom cabinets, tile backsplash, stainless steel appliances, and Corian countertops. Just steps away are two generously sized bedrooms and a tastefully finished full bath. The primary suite offers a walk-in closet and a bathroom with double sinks. The lower level includes a bonus room, entertainment area, full kitchen, laundry/utility room, storage, and a private entrance from the backyard. Located in the coveted Heights school district, this home is a true gem. Perfect for those seeking flexible living spaces.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017