124 Pine Ridge Road
About This Property
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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 31, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by William Raveis R.E. & Home Services | $999,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Don't miss this BEAUTIFUL 3-BEDROOM EXPANDED CAPE located in READING'S most sought after neighborhood. The FRONT-TO-BACK FIREPLACED living room features BUILT INS and beautiful HARDWOOD FLOORS. The SUNROOM/PLAYROOM/OFFICE leads to the picture perfect outdoor space. The OVERSIZED DECK over looks the PERFECTLY MANICURED LAWN and FABULOUS GARDENS. The FORMAL DINING ROOM, SUNNY and BRIGHT FAMILY ROOM and RENOVATED KITCHEN are all CONNECTED AND OPEN, perfect for FAMILY LIFE. The SECOND FLOOR features 3 SPACIOUS BEDROOMS, a FULLY RENOVATED BATH and tons of STORAGE. The LOWER LEVEL, currently being used for a HOME OFFICE, has endless possibilities. Close to MAJOR HIGHWAYS, PARKS, SCHOOLS & all the best READING has to offer!
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| Dec 16, 1985 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017