287 16th Avenue
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 |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Jan 30, 2023 | Listed by C21/ Action Plus Realty | $389,000 | |
| Listed by C21/ Action Plus Realty | |||
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by EXP Realty | $299,900 | |
| Listed by EXP Realty | |||
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Immaculate Brick ranch in Herbertsville section. Newer kitchen with stainless steel appliances and granite countertops. Master bedroom features a private master bathroom. Front porch features Trex deck with vinyl railings. Newer roof, windows, driveway, vinyl fence. Backyard boasts paver patio which is perfect for entertaining. Close proximity to Route 70, Parkway and 195.
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| Jul 17, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017