16 Shetland 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 |
|---|---|---|---|
| Aug 13, 2019 | Sold | ||
| Sold | |||
| Jun 18, 2019 | Listed by Keller Williams Realty Evolution | $469,900 | |
| Listed by Keller Williams Realty Evolution | |||
| Jul 28, 2016 | Sold | ||
| Sold | |||
| Jun 1, 2016 | Listed by Redfin Corp. | $399,000 | |
| Listed by Redfin Corp. | |||
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Gorgeous and meticulously maintained cape located in peaceful and desirable Danvers neighborhood. The main level of this lovely home offers gleaming hardwood flooring throughout, and a perfectly laid out floor plan including spacious front living room, formal dining room with chair rail, family room, and beautifully updated kitchen leading out to breezeway/breakfast nook. This level is complete with full bath. Breezeway leads out to beautiful private backyard, and one car garage. Upstairs you'll find front to back master bedroom with loads of closet space, additional full bath, and two more spacious bedrooms. Sunlight abounds throughout, and loads of lower level storage. Make this home yours in time for summer!
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| Mar 28, 2007 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017