1
Map
16 Sturgis Ln
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 |
|---|---|---|---|
| Jun 29, 2009 | Sold | ||
| Sold | |||
| Jun 3, 2009 | Listed | $449,900 | |
| Listed | |||
| Apr 25, 2008 | Sold | ||
| Sold | |||
| Feb 15, 2007 | Listed by New England Group Services Inc. | $434,900 | |
| Listed by New England Group Services Inc. | |||
| | |||
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13 rm 2-Story Custom Has it ALL! 5 bdr 4 bath, 2-Car garage- 40ft Farmers Porch 1+Ac treed lot & 2nd Fl Masters w/Baths – 1 w/Jacuzzi His/Hers Raised Vanities 2 Huge Walk ins Bonus room 41 x26 Vaulted room 4 Skys, Sprinkler, Security Liting Guest Quarters w/Ent & Parking, RV & Boat storage, Tile & Hardwood & W/W, Central Vacuum. Open basement for Expand Close to Beaches Ocean Shops. Sold as is. Contact listing agent for pre-qual requirements and Corporate Addendum.
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| Sep 10, 2004 | Sold | ||
| Sold | |||
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