109 PINE Street
About This Property
Retaining wall is built on the east side of the lot and is backfilled to a height of yard grade.
There is no other ocean front lot that is ready to build. Don't miss this opportunity.
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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 2, 2022 | Listed by ENGEL & VOLKERS FIRST COAST | $4,200,000 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by ENGEL & VOLKERS FIRST COAST | $2,199,000 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
Property Highlights
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About Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 2 Baths
- 917 ft²
$8,500 /mo
- 2 Beds
- 3 Baths
- 1,942 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017