16 Tyler Road
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 |
|---|---|---|---|
| Dec 15, 2015 | Sold | ||
| Sold | |||
| Sep 14, 2015 | Listed by Bentley's | $499,000 | |
| Listed by Bentley's | |||
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Spacious Brick Ranch ideally situated on a Corner lot in great Beverly COVE location. Just minutes to Lynch Park, Rice Beach and commuter rail. House is bright and has open floor plan and would easily be updated to today's standards.
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| Jul 31, 1997 | Sold | ||
| Sold | |||
| Dec 2, 1996 | Listed by Fortunato Agency | $205,000 | |
| Listed by Fortunato Agency | |||
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GREAT BEVERLY COVE RANCH WITH MANY EXTRAS! SOUNDPROOF RED- WOOD MUSIC ROOM/ FAMILY ROOM. ENDLESS DECKS. PRIVATE CORNER LOT. WALK TO LYNCH PARK & COVE SCHOOL. A ONE-OWNER HOME! NOT A DRIVE-BY!!
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