16 Sagamore St
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 17, 2008 | Sold | ||
| Sold | |||
| Oct 30, 2008 | Listed by Century 21 Tradition | $180,000 | |
| Listed by Century 21 Tradition | |||
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Bank Owned! Large Colonial with excellent potential. This home features 7 rooms, 3 bedrooms and 2 baths. There are also 2 additional bedrooms in the unheated walk up attic and another in the basement. Two seperate driveways bring you to a large parking area around the back of the house - you'll never need to search for a space. The kitchen is stripped of all appliances and cabinets. The house will not qualify for Conventional Financing. Sold as-is.
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| Jan 6, 2005 | Sold | ||
| Sold | |||
| Jul 12, 2004 | Listed by A. James Lynch, Inc. | $359,900 | |
| Listed by A. James Lynch, Inc. | |||
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Stately 9 room Colonial, oversized rooms,very charming home, nice entrance foyer, new windows, two driveways. Custom staircase with window seat leading to second,natural wood work throughout home, natural oak floors. Short distance to ocean. Room sizes are approximate.
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| Mar 31, 1999 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017