16 York Terrace
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Compass | $595,000 | |
| Listed by Compass | |||
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Desirable Ward 1 location near Lynnfield line, quiet side street! Owned by same family 68 yrs, meticulously maintained. This home provides easy living on one level. Newer eat-in Kitchen with custom cabinetry, Dining Room opens to fireplaced Living Room, flowing floor plan is ideal for entertaining. Three good-sized bedrooms are tucked away and private. This home is bright and inviting. Basement has high ceilings, great potential for Home Offices, Family Room or Home Gym! Three-season porch overlooks the tranquil yard with mature landscaping, ideal for summertime fun and barbecues! Oversized detached one car garage and driveway provide ample parking. Hardwood floors, central air, newer roof, Marvin windows, and top of the line Buderus boiler are just a few of the upgrades. Close to Rtes. 1, 128, 95, Gannon Golf Course, hiking at Lynn Woods Reservation, Gowdy Playground. Minutes to Market Street Lynnfield with Whole Foods Market, fine dining, Starbucks and more. Ready for your decor!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017