12 Pine Plain Rd
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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 |
|---|---|---|---|
| Jul 26, 2012 | Sold | ||
| Sold | |||
| Mar 3, 2010 | Listed by Century 21 Commonwealth | $329,900 | |
| Listed by Century 21 Commonwealth | |||
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Large, private parcel of land. Present house has a wonderful countryside cottage feel- abutting approx. 150 acres of conservation lands w/horse trails and nature at your back door! Great opporutnity to also re-build. TWO fenced paddocks. AFrame included, has wood burning stove & electricity. Converted Barn/workshop with new windows, radiant floor heating and insulated. Can be easily re-converted to up to 3 stall barn if desired. A rare opportunity - a true MUST SEE!! Very motivated Seller!
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| Jun 27, 2003 | Sold | ||
| Sold | |||
| Apr 1, 2003 | Listed by RE/MAX Village Properties | $389,900 | |
| Listed by RE/MAX Village Properties | |||
| Jul 31, 1997 | Sold | ||
| Sold | |||
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