1607 Pine 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 |
|---|---|---|---|
| May 23, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Listed by eXp Realty, LLC | $349,000 | |
| Listed by eXp Realty, LLC | |||
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Another fantastic Moss and Stone transformation. This home has gorgeous vintage features and styling, that have been enhanced by some modern touches, and needed updates. Many know the beautiful home from driving by, wonderful stone work and corner entry - a beautiful solid wood door, original to the home - greet you. As you enter you're in a lovey foyer with barrel ceiling, echoed again the formal living and dining rooms. The living room has a striking fireplace as its focal point, and lots of natural light. The dining room is amazing - lots of space, and accented by a rich, dark ceiling and fun light fixture. The kitchen - OH the kitchen! Custom colors were curated for the kitchen cabinets, a fantastic pot filler and faucet in a gorgeous gold tone carried on in the cabinet hardware. Off the kitchen is cheery sunroom/family room with access to the beautifully landscaped back yard and established Burr Oak trees. The main floor also features two bedrooms, and a full, remodeled bathroom. Upstairs are three bedrooms - the first, a cozy room with inviting window seat. The second is small and charming, with a built-in dresser, and could be perfect for a nursery or office. The last is a large room, with a huge finished sitting room/office/walk in closet attached to it - fully finished, ready for YOU to decide how to use the space. Another full, remodeled bath is in the hall. The basement is huge - with large laundry room, storage rooms and a fun recreation room. This is not your typical flip, but a caring renovation of a lovely home by a local team that carefully chooses homes and breathes new life into them, one at a time. This is a rare corner home that also has a large backyard, as it is a double lot. 2 car detached garage. Close to downtown Homewood and the train, as well as easy access to shopping and expressways.
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| Jan 27, 2023 | Sold | ||
| Sold | |||
| Jan 10, 2023 | Listed by eXp Realty, LLC | $249,900 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017