40 Route 16B
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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Sep 3, 2022 | Listed by Maxfield Real Estate/Wolfeboro | $249,900 | |
| Listed by Maxfield Real Estate/Wolfeboro | |||
| Feb 3, 2022 | No longer available | - | |
| No longer available | |||
| Dec 20, 2021 | Listed by Maxfield Real Estate/Wolfeboro | $350,000 | |
| Listed by Maxfield Real Estate/Wolfeboro | |||
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Two land lots totaling 12.8 acres, 465’ of frontage on Route 16B and over 800 feet of river frontage on the Beech River. Town water and sewer available. The land part of Center Ossipee Village and considered mixed use. Lots of potential for either a commercial or residential lot as it's zoned-Village. Many residential/ commercial uses are allowed, thus opportunities for this property are plentiful and diversified. Sign on property.
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| Oct 29, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017