16 Wallace St.
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 24, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Relisted | $579,900 | |
| Relisted | |||
| Aug 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 1, 2024 | Listed by William Raveis R.E. & Home Services | $579,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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NOT TO BE MISSED! This charming 3 bedroom/2 bath split gambrel is perfectly sited on a desirable corner lot with a beautifully fenced yard, offering both privacy and space. As you enter you will appreciate the modern touches and thoughtful upgrades. First floor offers a spacious living room with wood pellet stove, full bath, and SS kitchen with granite counters plus a convenient breakfast bar opening to a lovely dining room. Upstairs boasts a large primary bedroom with built-ins & 2 additional bedrooms plus a full bath. Lower level WO family room is ready for some finishing touches. New Attic insulation, CENTRAL AIR , newer carpet, new fence in front and an enormous wrap around deck ideal for outdoor entertaining, relaxing or enjoying the view of the expansive yard. ( Subject to seller securing suitable housing; actively seeking rental in MA.) Limited time for showings. Nov. 2nd & 3rd 12-3 Listing Agent will be there, OK to send buyers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017