16 STEVENS DR
About This Property
The main home features a gourmet kitchen with granite counters, stainless appliances, maple cabinets, pantry, garden window with all appliances included. The spacious living room and dining room with Andersen slider and hardwood flooring complete this level. Upper level features an updated full bath with a jacuzzi tub (with jets). This upper level also features the primary bedroom and 2 additional bedrooms. Finished lower level boasts game room plus laundry. Numerous upgrades and amenities to include: recessed lighting, hardwood, tile and laminate flooring, replacement windows, NEW hot water heater 2022, main roof 2008 and lower roof 2017, ceiling fans and Andersen sliders. The long expanded driveway is spacious with room enough for 4 plus cars. There is a maintenance free deck, large patio, oversized shed plus fully fenced rear yard. Centrally located - close to major highways, shopping and fine dining. Better hurry on this exceptional home!
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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 |
|---|---|---|---|
| Feb 24, 2023 | Sold | ||
| Sold | |||
| Dec 27, 2022 | Listed by Weichert Realtors - Moorestown | $399,000 | |
| Listed by Weichert Realtors - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017