116 Lake Pine Circle #B2
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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 |
|---|---|---|---|
| Feb 23, 2022 | Sold | ||
| Sold | |||
| Nov 14, 2021 | Listed by CENTURY 21 Tenace Realty | $148,000 | |
| Listed by CENTURY 21 Tenace Realty | |||
| | |||
|
Beautiful unit lake view, it is tenant occupied, on a month to month lease, which makes it excellent investor opportunity. Ready to move in. Near all major road on a very quite and safe neighborhood. HOA runs the community professionally managed. 55 plus community at least one of the residents
| |||
| Jun 23, 2015 | Sold | ||
| Sold | |||
| Sep 26, 2014 | Listed by ERA Home Run Real Estate | $64,900 | |
| Listed by ERA Home Run Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/13/2022
|
2 Bed
|
2 Bath
|
937 ft²
|
$184,900
2 Bed
2 Bath
937 ft²
|
$180,000
-2.65%
05/08/2023
|
Kasee M Vickery
Vickery Realty, Inc
| |
|
11/14/2021
|
2 Bed
|
2 Bath
|
937 ft²
|
$148,000
2 Bed
2 Bath
937 ft²
|
$148,000
02/23/2022
|
Claudia Liliana Arriagada
CENTURY 21 Tenace Realty
| |
|
06/10/2016
|
2 Bed
|
2 Bath
|
937 ft²
|
$67,000
2 Bed
2 Bath
937 ft²
|
$64,020
-4.45%
08/15/2016
|
Linda Vorrath
RE/MAX Direct
| |
|
09/26/2014
|
2 Bed
|
2 Bath
|
1115 ft²
|
$64,900
2 Bed
2 Bath
1115 ft²
|
$55,000
-15.25%
06/23/2015
|
Francisco Jose Munoz
Reliant Realty ERA Powered
|
Building Info
- 2 Units for Sale
About Pine Ridge South Condominiums
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$10,000 /mo
- 4 Beds
- 3 Baths
- 3,466 ft²
$2,550 /mo
- 3 Beds
- 1 Bath
- 899 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017