10587 Pine Tree Terrace
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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.
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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 |
|---|---|---|---|
| Nov 25, 2015 | Sold | ||
| Sold | |||
| Jun 12, 2015 | Listed by The Corcoran Group | $899,000 | |
| Listed by The Corcoran Group | |||
| Jun 5, 2012 | Sold | ||
| Sold | |||
| Jun 2, 2010 | Listed by The Corcoran Group | $649,000 | |
| Listed by The Corcoran Group | |||
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Fabulous contemporary home with soaring ceilings, pickled cypress in media room, bright open floor plan, coral fireplace, spacious 3,300 sqft under air, his/her bath, large pool area overlooking golf course. Newer roof. No equity membership required. Four bedroom/Four bath. New carpeting, 2 new multi-stage air conditioner units with programmable thermostats. Wonderful eat-in kitchen is a delight with 5 burner glass cooktop and convection oven plus warming drawer/combination microwave-convection oven, granite counter tops and new appliances. Wine cellar is temperature/humidity controlled for 500 plus bottles. Wet bar in media room with granite counters and wine cooler. The large master bedroom has a sitting area, his-and-her walk-in closets plus his (sh... (see supplement for full remarks) Fabulous contemporary home with soaring ceilings, pickled cypress in media room, bright open floor plan, coral fireplace, spacious 3,300 sqft under air, his/her bath, large pool area overlooking golf course. Newer roof. No equity membership required.Four bedroom/Four bath. New carpeting, 2 new multi-stage air conditioner units with programmable thermostats. Wonderful eat-in kitchen is a delight with 5 burner glass cooktop and convection oven plus warming drawer/combination microwave-convection oven, granite counter tops and new appliances. Wine cellar is temperature/humidity controlled for 500 plus bottles. Wet bar in media room with granite counters and wine cooler. The large master bedroom has a sitting area, his-and-her walk-in closets plus his (shower for 2) and her (Jacuzzi Roman Tub) bathrooms, with a door to the pool deck. The two spacious guest bedrooms complete this setting with its own private garden terrace. The sizable pool area has extensive garden and golf views of prestigious Pine Tree. No membership equity required.
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About Pine Tree Golf Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017