428 16th Street
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 |
|---|---|---|---|
| Aug 12, 2019 | Sold | ||
| Sold | |||
| Jul 5, 2019 | Listed by RE/MAX Parkside Real Estate | $499,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
| Aug 8, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2017 | Listed by Mark Farley Realty | $450,000 | |
| Listed by Mark Farley Realty | |||
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Darling home downtown Paso Robles ready for its new owners! If you are looking for a quaint and cozy new home or investment property this is for you! This two bedroom, one bath home with a garage has a spacious backyard and plenty of possibilities. Call your agent for a private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017