114 Pine Grove DRIVE
About This Property
This home has been meticulously maintained and offers a range of modern upgrades. All new appliances were installed in 2023, ensuring that the kitchen is equipped with the latest amenities. Speaking of the kitchen, it was recently renovated in 2023, giving it a fresh and contemporary look. Additionally, two bathrooms in the house have been completely renovated in 2023, providing a touch of luxury.
One of the standout features of this property is the huge oversized patio, perfect for outdoor entertaining and relaxation. The patio is spacious allowing for year-round enjoyment.
Priced to sell quickly, this home offers a fantastic opportunity for buyers. With its desirable location, and modern amenities. Call now to schedule your showing!
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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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Price Decreased |
$309,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Dec 29, 2023 | Price Decreased |
$319,999
↓ $10K
(3%) | |
| Price Decreased | |||
| Nov 12, 2023 | Listed by REALTY EXCHANGE, LLC | $329,900 | |
| Listed by REALTY EXCHANGE, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017