16 Venture Drive
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 |
|---|---|---|---|
| Nov 14, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 23, 2024 | Listed by Coldwell Banker Realty - Western MA | $329,900 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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This stunning colonial home in the Sixteen Acres neighborhood is a perfect blend of traditional charm and modern convenience. Designed for comfort, it features a gas fireplace for cozy winter nights and central air to keep you cool in the summer. The partially finished basement provides additional living space, enhancing the home's versatility and charm. The three-season porch with updated flooring opens up to a spacious, fenced-in yard, ideal for outdoor gatherings. Energy-efficient solar panels offer savings on electricity, making this home an inviting retreat in a fantastic location!
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| Jun 28, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $269,900 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
| Sep 7, 2018 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017