1365 Pineapple Avenue
About This Property
Featuring a NEWER ROOF on the house and garage/in law unit, many property upgrades include: NEW ELECTRICAL and NEW PLUMBING, kitchens, bathrooms, cooling systems, wraparound outdoor decking, wood fencing with a small plunge pool, walkways and more. With many upgrades completed, and more to come, this property is great for whether you're seeking a full-time residence, vacation home, or investment 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 |
|---|---|---|---|
| Jan 17, 2026 | Price Decreased |
$989,999
↓ $10K
(1%) | |
| Price Decreased | |||
| Nov 29, 2025 | Price Decreased |
$999,999
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Nov 22, 2025 | Price Decreased |
$1,050,000
↓ $50K
(4.5%) | |
| Price Decreased | |||
| Nov 19, 2025 | Price Decreased |
$1,099,900
↓ $280K
(20.3%) | |
| Price Decreased | |||
| Apr 11, 2025 | Price Increased |
$1,380,200
↑ $40K
(3%) | |
| Price Increased | |||
Property Highlights
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About Melbourne
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Currently no similar homes aroundNearby Rentals
$2,300 /mo
- 3 Beds
- 2 Baths
- 1,597 ft²
$2,300 /mo
- 3 Beds
- 2 Baths
- 1,597 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017