16 Temple Street
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Leading Edge Real Estate | $779,000 | |
| Listed by Leading Edge Real Estate | |||
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A++ Commuter Location!!! Proudly presenting this lovingly maintained 3 Bedroom colonial in a highly sought after neighborhood, on the west side of town. Close proximity to the commuter rail, schools, shops, restaurants and all that Reading has to offer. Beautiful hardwood flooring flows seamlessly throughout the entry foyer w/ coat closet, large fireplaced living room w/ custom built-ins, formal dining room w/ hutch, and home office. The heart of the home can be found in the updated Eat-in kitchen featuring stone countertops, recessed lighting, ss appliances and an adjacent half bathroom. Upstairs offers 3 spacious bedrooms (2 w/ walk-in closets) and updated full bath. Plenty of storage space is available with a pull down attic as well as an unfinished lower level w/ laundry. Relax on the oversized farmers porch equipped with outdoor lighting or on the back patio overlooking the fenced-in backyard with mature plantings and perennial garden. This is the one you have been waiting for!!!
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| Dec 5, 2016 | Sold | ||
| Sold | |||
| Oct 12, 2016 | Listed by Leading Edge Real Estate | $499,900 | |
| Listed by Leading Edge Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017