17 Pine Tree Dr #17
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 |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2022 | In contract | - | |
| In contract | |||
| Oct 6, 2022 | Listed by William Raveis R.E. & Home Services | $899,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to the Regency at Emerald Pines, an over 55 community of Single Family homes with an abundance of amenities for an active and/or leisurely lifestyle! This home offers great flexibility to suit your evolving needs. The generously proportioned second floor easily accomodates Work at home, adult children or visiting grands, to privacy for caretakers. On the main floor, the gourmet kitchen makes entertaining a breeze, with a spacious island to showcase your buffet, and a second sink for food or bar prep. Linger over a meal in the sunny dining area, then walk out to the deck to watch the famous local sunsets and cloud formations, Ultimate relaxation begins in the 3 season screen porch, overlooking wildflowers, towering pines and birdlife. Emerald Pines is a welcoming community with many activities-heated salt water pool, pickleball, community garden, card room, media room, billiard room, community kitchen, fitness center. THIS HOME IS CTG WITH A 48 HR KICK OUT CLAUSE.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/06/2022
|
3 Bed
|
3 Bath
|
2849 ft²
|
$899,000
3 Bed
3 Bath
2849 ft²
|
$910,000
+1.22%
11/30/2022
|
Meg Rokos
Bean Group
| |
|
12/17/2016
|
3 Bed
|
3 Bath
|
3264 ft²
|
$718,302
3 Bed
3 Bath
3264 ft²
|
$718,302
04/18/2017
|
Kristin Vena
Toll Brothers Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017