16 Stephen Lane
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Coldwell Banker Realty - Western MA | $369,900 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Highest and Best Offers by 8/12 at 6:00 pm. Expect to be IMPRESSED with this 3 Bedroom, 2 Full bath Ranch located at the end of a cul-de-sac. Fall in love the minute you enter into the Mudroom (insulated and heated) with Coffee Bar, seating space and slider to back yard. SO MANY reasons to LOVE this home - The Updated Kitchen will have you at Hello, Spacious Living Room w/Fireplace is inviting, Primary Ensuite Bedroom, Hardwood throughout the home, Private FENCED YARD w/Patio and Fire pit. Nothing to do but move right in, home has been freshly painted, both baths updated, new light fixtures, plumbing, electrical panel, windows, HW Tank, exterior and interior doors, wired for generator w/hookup, new trim/molding. Basement offers potential for more living space, laundry area (washer and dryer remain). Welcome Home!
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| Dec 20, 2019 | Sold | ||
| Sold | |||
| Nov 9, 2019 | Listed by Coldwell Banker Realty - Western MA | $204,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017