15 PINE BROOK CT
About This Property
The property is located steps away from Homestead Plaza and close to 295, Route 206, and the NJ Turnpike, providing easy access to shopping, dining, and other local attractions. However, there is little reason to leave as the Homestead at Mansfield community offers endless amenities and conveniences for homeowners. As a part of the association, you will have access to a community clubhouse outfitted with a fitness center, tennis courts, an outdoor pool, and more. The HOA regularly hosts resident events and handles lawn and common area maintenance, snow removal, 24-hour security, and more! Schedule your showings today!
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Oct 26, 2024 | Price Decreased |
$375,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Oct 3, 2024 | Listed by Homestead Realty Company Inc | $395,000 | |
| Listed by Homestead Realty Company Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017