1437 Pine Street
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 |
|---|---|---|---|
| May 21, 2022 | No longer available | - | |
| No longer available | |||
| Apr 7, 2022 | In contract | - | |
| In contract | |||
| Mar 28, 2022 | Listed by COMPASS | $650,000 | |
| Listed by COMPASS | |||
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Location, Location, Location! The three most important rules of real estate and this property fits the bill! Situated just 2 blocks from the Downtown Park and 4 blocks from the new Paso Market Walk, this home is centrally placed to take advantage of Paso’s upcoming development plans. Built in 2007, it features 3 bedrooms, 2.5 baths, just over 1,500 sq. ft. of living space, indoor laundry, a private patio and an attached 2 car garage. This home is approved as a Short Term Rental and the permit is transferrable upon sale. Currently being used as a long term rental, this property offers a variety of uses, its newer construction, and an incredible location! This is one you don’t want to miss! Photos used are from the previous listing. The manager has listed the unit size as 1520 square feet.
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| Aug 26, 2021 | No longer available | - | |
| No longer available | |||
| Aug 3, 2021 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017