16 Southfield Rd
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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%.
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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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | In contract | - | |
| In contract | |||
| Mar 28, 2023 | In contract | - | |
| In contract | |||
| Feb 6, 2023 | Listed by FOX & FOXX REALTY, LLC | $1,199,900 | |
| Listed by FOX & FOXX REALTY, LLC | |||
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STUNNING Home with 2 MAIN Entrances ( Providing the Facing of your Preference). Seating on almost one acre land. Offers 2 Custom Driveways! one Front CIRCULAR Driveway & 2 Over sized CAR GARAGE w a Double Driveway. Home was Completely Gutted & Expanded in 1992 w Major ADDITIONS MADE in 2000. Open UNIQUE Family LAYOUT. Professionally Landscaped. The 6th Bedroom/ Studio is off the added Large Family Room w Cathedral Ceilings (built w 16' Tongue in grove Cedar) & Award winning Masonry Fireplace/ Stone. Marble Foyer, Moldings & Hardwood floors & Tile. Top of the line ANDERSON Windows. #6 Large Bedrooms w Plenty of Closets. Master Bedroom has a Huge Walkng closet w an additional Dressing Room & a Master Bath w Marble Floor & Walls. LARGE Eat in Kitchen w a PANTRY & plenty of windows for natural light, Extra Large Deck Freshly painted with a Top cover, New Hot Tub. Club House for kids to Play. Huge Basement Partially Finished/ OFFICE w Entrance from Inside or Outside. Freshly Painted. Replaced 2 Furnaces & 2 Condensors AC 2019 & 3 Zone Thermostats. Well Water Pump replaced 2019. New Counter top & Stainless Steel Appliances & Refinished Kitchen Cabinets. New Sump Pump & Drainage pipes. The entire house Freshly painted. Garden with irrigation. Home is an excellent condition But Sold AS IS. Great Location, Near Trains Metro, Metuchen & Bus. This home has it all !!! Showings to start Sat 11th @1pm
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| Jul 30, 2017 | Listed | $850,000 | |
| Listed | |||
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Exquisite one-of-a-kind custom designed home full of character. Set on nearly one acre of professionally landscaped & wooded property with abundant parking in the prime north Edison Arrowhead Park. Offering the best of privacy along w/ convenient access to Rts 287, GSP, NJTpk, Metropark & Metuchen train stations, plus excellent schools. Many unique features incl easy addition of ADA rear entry and a guest suite/6th BR w/elevator. Originally built in 1960, gutted and expanded in 1992, with major additions made in 2000. Award winning masonry fireplace, French wine-country style brick breezeway with black iron gate, and circular stairway with floor to ceiling windows leads to Studio room over 2+ car garage. Spacious family room w/built-in wet bar, and magnificent 16' high tongue-in-grove cedar slopped ceilingThe manager has listed the unit size as 4000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017