16 Union 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%.
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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.
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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 28, 2018 | Sold | ||
| Sold | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $220,000 | |
| Listed | |||
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Peaceful setting and only steps out your door to the water and dock. Located on North River Pond this water front home sits on .41 acres of land. This home features two bedrooms as well as a large unfinished basement that adds the potential for future expansion. The manager has listed the unit size as 876 square feet.
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About Rockingham
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Last Updated Date: 2019-01-02
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4714290
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017