16 TURK GARTH
About This Property
Fully renovated from top to bottom with beautiful finishes and exceptional workmanship. Kitchen has white shaker cabinets with antique gold accents, slate tile backsplash, oversized single basin sink, quartz countertop, and stainless appliances. All three bathrooms are brand new with luxury tile and vanities. All new flooring and paint. Trane heatpump, 50-gallon water heater, dual pane vinyl windows. Culdesac location that's just minutes from shopping, parks, restaurants, and the highway.
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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 |
|---|---|---|---|
| Feb 19, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | Relisted | $450,000 | |
| Relisted | |||
| Nov 26, 2023 | In contract | - | |
| In contract | |||
| Oct 20, 2023 | Listed by Hagan Realty | $450,000 | |
| Listed by Hagan Realty | |||
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About Woodlawn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017