16 Rome 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 20, 2013 | Sold | ||
| Sold | |||
| Jul 19, 2012 | Listed by Realty ONE Group Nest | $639,900 | |
| Listed by Realty ONE Group Nest | |||
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Green Construction! Superb Westford location to be built with some of the latest energy star features and technical innovations on the market today. A healthy home with excellent air quality, outstanding insulation that saves you money all year long, a lawn that hardly needs to be watered or cut and a ultra-high efficiency 2 stage heating system. Be a part of the future in homes all while saving the environment & money. See specs for more green options attached.
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| Dec 7, 2009 | Listed by Coco, Early & Associates | $599,900 | |
| Listed by Coco, Early & Associates | |||
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Green Construction! Superb Westford location on last lot in sub division. To be built with some of the newest features in Green Technology such as a heating system with 300% efficiency requiring no fossil fuels, outstanding insulation that saves you money all year long, as well as energy star appliances and a lawn that hardly needs to be watered or cut. Also featuring hrdwd floors throughout, central air, and granite. Be a part of the future in homes all while saving the environment & money.
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Address: 335 Madison Avenue, New York, NY 10017