11612 Pine St
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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.
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 11, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $1,019,000 | |
| Listed | |||
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Looking for that perfect backyard for the kids w/an amazing pool right out of a magazine? This is it! The owners of this home have meticulously designed a beautiful front and backyard that offer drought tolerant tropical plants that add to the amazing hardscape. The front yard is just a hint to what lyes ahead in the backyard! Custom stamped concrete, a massive vinyl patio cover are just the beginning to this backyard paradise! Just beyond is a STUNNING custom designed swimming pool w/boulder like edges, oversized wade in steps, pebble-tech pool bottom & secret grotto hidden behind a water fall that doubles as a diving shelf! The elevation has been designed to create walk ways around the pool that are landscaped with tropical drought tolerant plants. There is even a custom bar area complete with a copper bar top and sink! Talk about having THE hang out house! Oh and did we mention the house? The kitchen was fully remodeled, there is central ac/heat, copper plumbing, filtered water throughout the entire house, recirculating hot water, remodeled bathrooms, 5 bedrooms (3 up and 2 down) custom wood floors, a custom brick gas fireplace, custom carpet upstairs, travertine floors downstairs, a 3 car garage and so much more! The owners have spent thousands of dollars on all of the major components including the roof. Oh and the neighborhood...is well known for having lots and lots of kids, the BEST 4th of July party around and you can walk to St. Hedwigs, shopping, churches & more! The manager has listed the unit size as 1914 square feet.
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| May 8, 2018 | Listed by Keller Williams Coastal Prop. | $1,019,000 | |
| Listed by Keller Williams Coastal Prop. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017