16 Shaker Road
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 |
|---|---|---|---|
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Compass | $987,500 | |
| Listed by Compass | |||
| Aug 15, 2014 | Sold | ||
| Sold | |||
| Mar 31, 2014 | Listed by RE/MAX Vision | $459,900 | |
| Listed by RE/MAX Vision | |||
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MOTIVATED SELLER! Quintessential New England Charm. Completely Renovated Contemporary Cape on 1.5 acres in Harvard. Extensive Renovations include; New Septic, New Roof, New Cement Board Siding w/Clapboard accents & New Windows. New Kitchen w/Shaker Style Cabinets, SS Appliances, Granite counters, a Double Wall Oven, & Double French Doors. Spacious Living Room w/Gleaming Hardwood Floors, 3 Bedrooms including one on the 1st floor that can be used as a 2nd Master with a Walk-In Closet & Hardwood Floors. The roof has been raised, to add a New 2nd FL. Master Suite w/Walk-In Closet & Built In Shelves & a Private en suite. Laundry Rm, 3rd Bedroom w/Closet, Bonus Room & a Full Bath/Shower Combo. 2 car garage can be added for additional funds (see agent), simulation shown. Conveniently located within minutes to Rt. 2, & short drive to Commuter Rail.
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| Jun 27, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017