16 Ronald Lane
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Price Decreased |
$629,900
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Feb 19, 2025 | Listed | $649,900 | |
| Listed | |||
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Beautiful Gambrel style home located in the Pawtuckeville section of Lowell tucked at the edge of a cul-de-sac and in pristine condition. Upgrades include a gorgeous kitchen with quartz counters and tiled flooring, beautiful hardwood floors throughout, 2 full impeccable baths, a small bedroom on the first level near the garage and multi-purpose room and 3 additional bedrooms in the 3rd level. The home looks like it was freshly painted and in immaculate condition. The deck and large yard will offer great Summer fun opportunities and there is a garage under with a newly installed sprinkler system both front and back yards to keep your lawn green. Showings begin at Open House. This home is trluly a Must See.
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| Feb 13, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017