16 Putnam Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 1, 2015 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by Keller Williams Realty Evolution | $345,000 | |
| Listed by Keller Williams Realty Evolution | |||
| Feb 7, 2010 | Listed | $329,900 | |
| Listed | |||
| | |||
|
Single family two level in home with turnkey in home business. There are two offices and waiting area on the first level. This house is currently rented out (short term leases) to both commercial and residential tenants with a high annual rent to purchase price ratio. Seller wants to sell because of living in CA. New owner can simply convert the first floor from commerciaal to residential if choosing so. This property has hardwood floors and central air. Five car parking.
| |||
| Jan 24, 2010 | Listed | $329,900 | |
| Listed | |||
| | |||
|
Single family home with turnkey in house business potential. Two levels. This house is currently rented out (short term leases) to both commercial and residential tenants with a high annual rent to purchase price ratio. Seller wants to sell because of living in CA. New owner can simply convert the first floor from commercial to residential if choosing so. Hardwood floors, central air. Five car parking. Tax credit up to 4/30/l0.
| |||
| Oct 31, 2007 | Sold | ||
| Sold | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017