16 Washington Square #2
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.
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 14, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2021 | Listed by North Shore's Gold Coast Realty | $399,000 | |
| Listed by North Shore's Gold Coast Realty | |||
| May 22, 2020 | Sold | ||
| Sold | |||
| Jan 23, 2020 | Listed by J. Barrett & Company | $354,900 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Easy to show on lock box. Bow front windows, built in cabinets and refinished pine floors are original details that are retained and enhanced in this newly renovated penthouse-duplex unit. Big, bright windows on both levels feel airy and bring a cheerful feel, and unexpected features include a separate single family-sized dining room, an eat-in-kitchen, ample-sized bedrooms and in-unit upstairs laundry. The kitchen and baths are completely renovated in a contemporary Pottery Barn palette with beautiful tiles and granite finishes. Welcome to your in-town location that puts you just steps to the vibrant Gloucester waterfront, some of the North Shore's favorite restaurants, the Beauport Hotel, Pavilion Beach and the train!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/05/2021
|
4 Bed
|
2 Bath
|
1824 ft²
|
$399,000
4 Bed
2 Bath
1824 ft²
|
$375,000
-6.02%
12/14/2021
|
Tracy Gothie
J. Barrett & Company
| |
|
01/23/2020
|
4 Bed
|
2 Bath
|
1824 ft²
|
$354,900
4 Bed
2 Bath
1824 ft²
|
$352,750
-0.61%
05/22/2020
|
Tracy Gothie
J. Barrett & Company
| |
|
09/18/2019
|
1 Bed
|
1 Bath
|
730 ft²
|
$235,000
1 Bed
1 Bath
730 ft²
|
$235,000
11/08/2019
|
Michelle Theriault
Engel & Volkers By The Sea
| |
|
09/18/2019
|
2 Bed
|
1 Bath
|
1164 ft²
|
$319,000
2 Bed
1 Bath
1164 ft²
|
$300,000
-5.96%
12/27/2019
|
Michelle Theriault
Engel & Volkers By The Sea
| |
|
09/18/2019
| |
2 Bed
|
1 Bath
|
1164 ft²
|
$339,000
2 Bed
1 Bath
1164 ft²
|
$300,000
-11.50%
12/27/2019
|
Michelle Theriault
Engel & Volkers By The Sea
|
|
05/16/2018
| |
6 Bed
|
3 Bath
|
2848 ft²
|
$338,000
6 Bed
3 Bath
2848 ft²
|
$377,000
+11.54%
07/10/2018
|
Rick Petralia
Churchill Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017