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 |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $649,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Opportunity knocks!! Don't miss this 4 bedroom, 1 bath Cape style home in a great neighborhood location. This house offers a versatile layout for everyday living as well as entertaining. With two bedrooms on each floor, the home provides a perfect balance of privacy and togetherness. The updated kitchen has tiled backsplash and wood cabinets with loads of space and a peninsula style island. The slider door in the family room opens to a fenced-in flat yard and patio, creating a seamless flow for indoor-outdoor gatherings. The sun-bathed living room boasts a lovely bay window and fireplace. Updates include hot water heater 2020, gas heating system 2003 and replacement windows. Under a mile to the Commuter Rail Station and 1/2 mile to Brown Elementary and the new Kennedy Middle School. Easy access to all major routes and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017