32
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839 Route 16
About This Property
Listed By
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Cap Rate Calculator
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 16, 2026 | Price Decreased |
$455,000
↓ $20K
(4.2%) | |
| Price Decreased | |||
| May 28, 2026 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | $489,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | |||
| Mar 25, 2026 | Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | $489,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | |||
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Position your business for success along busy Route 16 in the heart of Ossipee’s commercial district. Ideally situated just south of Hannaford and Irving, this property benefits from strong visibility and steady traffic, making it an excellent opportunity for a wide range of commercial ventures. The building has a successful history of supporting both restaurant and home health businesses, offering flexibility for entrepreneurs and investors alike. A refreshed interior allows a new owner to step in and begin operations with ease. Whether you envision retail, professional services, dining, or another commercial use, the adaptable layout provides the foundation to bring your business vision to life. Above the commercial space, a well-appointed residential apartment adds versatility. The second-floor unit features two bedrooms, an updated kitchen, and a full bathroom, which is great as an income producing rental or a convenient owner-occupied residence. Come see this space today!
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| Sep 23, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017