1
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16 Town Way
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 |
|---|---|---|---|
| Jan 13, 2005 | Sold | ||
| Sold | |||
| Oct 7, 2004 | Listed by Barrett Sotheby's International Realty | $595,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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|
Very Stylish Ranch in desirable East Hill Area.Move-in condition with new kitchen & master bath. 16,771 lot offers wonderful expansion possibilities. Fireplaced living room, french doors to kitchen and open floor plan make this home a must see
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| Jul 16, 2001 | Sold | ||
| Sold | |||
| May 24, 2001 | Listed by Century 21 Fortin | $369,900 | |
| Listed by Century 21 Fortin | |||
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GREAT OPPORTUNITY IN DESIRABLE FAMILY NEIGHBORHOOD. SPACIOUS AND WELL MAINTAINED RANCH WITH UPDATED KITCHEN. MUST SEE TO APPRECIATE. WON'T LAST AT THIS PRICE.
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