16 Sachem Ave
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 |
|---|---|---|---|
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Oct 21, 2019 | Listed by Commonwealth Standard Realty Advisors | $499,900 | |
| Listed by Commonwealth Standard Realty Advisors | |||
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Incredible price reduction, motivated seller! Come and take a look at this amazing totally renovated, spacious home in the Diamond District, with a quick (3 mins) walk to the beach, close to Boston and public transportation, granite counter tops, quality stainless steel appliances, expanded deck with beautiful backyard, shed. Finished basement with plenty of living space, bathroom, utility room, family room, bedroom, kitchenette and its own separate entrance from the driveway, all new windows, hardwood flooring throughout, brand new heating system and brand new electrical (200 amps) system and much more, come and join us, first showings at the open house!
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| May 30, 2019 | Sold | ||
| Sold | |||
| Mar 21, 2019 | Listed by Century 21 North East | $224,900 | |
| Listed by Century 21 North East | |||
| Oct 1, 1979 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017