16 Westfield Rd
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 |
|---|---|---|---|
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Price Decreased |
$354,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Dec 13, 2024 | Listed | $359,000 | |
| Listed | |||
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Welcome to this beautifully updated Colonial with over 1,600 sq. ft. of charm and modern updates! The inviting foyer opens to a versatile office/sitting room, formal dining area, cozy family room with a fireplace, and a tastefully remodeled kitchen. Upstairs, you'll find three large bedrooms, a bonus room perfect for a home office or guest space, and a full bath ready for your finishing touches. The first floor also includes a half bath in need of completion, offering an opportunity to make it your own. This home features original woodwork, hardwood floors, ample closets, a two-car garage, and a private backyard. Recent updates include a new roof, chimney, kitchen, gutters, hot water heater, electrical panel, fresh walls and ceilings, refinished woodwork, professional asbestos removal, a water filtration system, and new appliances. Conveniently located near I-91.
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| Sep 15, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017