1237 Pine Creek Way #B
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 27, 2025 | Price Decreased |
$438,000
↓ $30K
(6.4%) | |
| Price Decreased | |||
| May 23, 2025 | Price Decreased |
$468,000
↓ $16K
(3.3%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed by Snyder Real Estate Group | $483,800 | |
| Listed by Snyder Real Estate Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2026
|
3 Bed
|
1 Bath
|
1346 ft²
|
$459,000
3 Bed
1 Bath
1346 ft²
|
$445,000
-3.05%
05/08/2026
|
Daniel Winkler
WINKLER REAL ESTATE GROUP
| |
|
04/21/2025
|
2 Bed
|
1 Bath
|
1089 ft²
|
$483,800
2 Bed
1 Bath
1089 ft²
|
$430,000
-11.12%
09/09/2025
|
Debbi Snyder
Snyder Real Estate Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017