16042 Belleshire Lane
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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 |
|---|---|---|---|
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by RE/MAX All Stars | $375,000 | |
| Listed by RE/MAX All Stars | |||
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This spacious home is in the family friendly neighborhood of Berkshire on a cul-de-sac. Owners have enjoyed living there since it was built, now they are ready to retire. Home was recently painted inside and outside. Roof is @4 years old. It features a swimming pool/spa with slide and dive, large backyard with mature trees, goldfish pond and swings to relax. Extended, covered patio with mosquito screen. All bedrooms are downstairs including a child retreat for kids to do homework and play. There’s a huge game rooms upstairs to hang around and create your own gym! Please verify room dimensions and school info independently.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017