119 POINT PLEASANT DRIVE
About This Property
Enjoy the convenience of an inside laundry room with extra storage space, and a 2-car garage that offers plenty of room for all your toys and tools. Outside, unwind in your private haven-whether it's relaxing by the peaceful man-made pond with a waterfall or imagining your future koi fish swimming happily. Need extra space? The charming 120 sq ft shed with electricity offers endless possibilities as a cozy office, workshop, or creative studio.
This is more than just a home-it's a lifestyle. Come see it today and make it yours!
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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.
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About Pine Grove - Belle Terre
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017