16 Queen Street
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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 22, 2026 | Listed by Coldwell Banker Realty - Western MA | $325,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Discover the potential at 16 Queen St, a single-family residence built in 1960, offering 1764 square feet of living space on a generous 11417 square foot lot. This property presents a great investment opportunity, ideal for those looking to customize and create their dream home. The living room provides a welcoming atmosphere, complete with built-in shelves for displaying cherished items a wonderful fireplace and classic hardwood flooring that adds warmth and character. One of the bathrooms features a convenient walk-in shower, designed for ease and accessibility. Lovely private yard with endless possibilities for the gardner and a one-car garage, this property offers a solid foundation for its next chapter. Schedule your private viewing to explore the possibilities.
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| May 23, 2014 | Sold | ||
| Sold | |||
| Aug 28, 2013 | Listed by Delap Real Estate LLC | $179,500 | |
| Listed by Delap Real Estate LLC | |||
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Come and see! Beautifully designed, solidly built, and carefully maintained home is owner's pride and it shows. Gleaming hardwood floors throughout spacious rooms with ample closets. Many updates. Newer doors & windows let in plenty of sunlight. Newer gas furnace ready for central air if desired. Basement with additional shower and 200 sf finished and heated play room/family room. Detached garage, nice deck, 3-season porch. Partially-fenced private back yard offers peaceful solace with plenty of trees, shrubs and seasonal flower gardens. Can be called a "Doll House".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017