132 PINE ST
About This Property
The two bedrooms share a spacious full bathroom with a tub shower. A partial basement adds even more storage options. Enjoy outdoor living with a large screened porch that includes a laundry room and access to the rear deck.
The property also features a recently installed septic, detached garage and a large driveway with access to both Pine St and Rt. 113. Conveniently located near shopping and dining, with a short commute to the Rehoboth and Lewes Beaches, this home is a must-see!
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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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed by Keller Williams Realty | $300,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017