16 UNION ST
About This Property
These gardens will keep your green thumb happy. In addition to the detached two car garage, is a large garden shed on the other side of the fence. There is parking for 4 or more cars on either side of the garage, providing plenty of off street parking for you and your guests. So much charm! Great location in downtown Medford - walk to the new coffee shop, restaurants, shopping, library, dog park.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 19, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Compass New Jersey, LLC | $450,000 | |
| Listed by Compass New Jersey, LLC | |||
| Jul 14, 2017 | Sold | ||
| Sold | |||
| Feb 28, 2017 | Listed by Keller Williams Realty - Medford | $239,900 | |
| Listed by Keller Williams Realty - Medford | |||
| | |||
|
Great home on oversize lot in historic downtown Medford!!! Restore this center hall beauty to her former glory. After years as successful office space, property can be converted back to a downtown residence. Seller has secured the required township variance With an estimated 3,000 plus feet of living space, the potential here is limitless. Plus there is a full basement, new roof in April 2016, two car detached garage, beautiful gardens and parking for 6+ cars. Own a piece of Medford history at a very reasonable price.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017