16 Sterling Place
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%.
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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 |
|---|---|---|---|
| Sep 7, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $899,000 | |
| Listed | |||
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Come home to a vacation! This beautiful 4.7-acre estate welcomes you with stunning mountain views, landscaped grounds and a large, spring-fed pond. The custom brick exterior of this extended Cape opens to the grand foyer, flooded with natural light from two-story Palladian windows. With 7 bedrooms, 5.5 baths, 5 fireplaces, crown molding and hardwood floors, this retreat spares no detail. Entertain in the expansive family room, rich mahogany library and formal dining room. The spacious eat-in cherry kitchen offers new stainless appliances, views from every window and a sunlit breakfast nook. A magnificent stairway leads to a one-of-a-kind master suite retreat with jetted tub, stone fireplace and private deck. The lower-level walk-out features a suite ideal for in-laws or guests, plus a convenient gym and office; simply walk outside for a tennis match. Central geothermal heating and cooling efficiently controls your comfort. The attached garage holds 4-6 cars, and commutes come easily: Located in a stellar school district, 16 Sterling Drive is just 5 minutes to I-89, less than 20 to vibrant downtown Concord and 25 to the Manchester Airport.The manager has listed the unit size as 7829 square feet.
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| Apr 5, 2017 | Listed by Keller Williams Realty-Metropolitan | $899,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017