16 SIMPKINS LN
About This Property
Additional Amenities: 30 year architectural roof shingles, 42 inch kitchen wall cabinets with oversized kitchen island, granite counter tops, 9 foot 1st floor ceilings. Beautiful engineered hardwood flooring runs throughout the first floor with neutral carpeting on the second floor. The master bedroom includes walk-in closet, and a luxury deluxe owner's bath. Designer touches include custom colored paint in our decorator's favorite cool neutral colors to match elegantly with your decor. Systems include: Hig efficiency gas forced heating and central air plus high energy efficiency windows, plus electric hot water heater. You will be energy efficient with the low "E" glass windows and programmable thermostat. 10 year Structural Warranty per 2-10 guidelines. Appliances include a gas range, dishwasher & microwave, and disposal (no washer/dryer/refrigerator). Taxes to be determined by tax assessor. Preliminary title work completed by Infinity Title. Builder requests buyer uses Infinity Title. See Home Warranty in Documents. Ready for immediate delivery. Buyer responsible for cost of survey not to exceed $1000, builder will order and provide. Standard provisions: Buyer to take title at Infinity Title, Deposit to be held by Infinity Title, Buyer responsible for cost of survey which builder will provide at closing, Property has a passive subslab ventilation system. Standard provisions: Buyer to take title at Infinity Title, Deposit to be held by Infinity Title, Seller will order survey, Buyer responsible for cost of survey.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Relisted | $429,900 | |
| Relisted | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Listed by Keller Williams Realty - Marlton | $429,900 | |
| Listed by Keller Williams Realty - Marlton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017