16 Surrey 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 |
|---|---|---|---|
| May 7, 2013 | Sold | ||
| Sold | |||
| Jul 11, 2012 | Listed by Quaboag Valley Real Estate | $35,000 | |
| Listed by Quaboag Valley Real Estate | |||
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Quiet Country Living! :-) Spacious :-) 2 bedrooms, 1 and 1/2 Baths, Living Room, Dining Room & Family Room with Wood Burning Stove for an additional Heating Source. Screened in Proch, Deck, 3 Sheds - 1 Insulated with Electricity. Have Your Own Hobby Shop! Built Ins and Bump Out for Extra Storage & Living Area. Large Back Yard, Paved Drive, Nicely Landscaped and More! Seller will pay 3 months of park HOA fees
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| Jun 10, 1996 | Sold | ||
| Sold | |||
| Apr 24, 1996 | Listed | $142,900 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017