17 Pinecrest 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%.
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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 |
|---|---|---|---|
| Oct 27, 2016 | Sold | ||
| Sold | |||
| Aug 3, 2016 | Listed by Coldwell Banker Realty - Longmeadow | $279,000 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
| | |||
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Enjoy the convenience of Condominium style living with no outside maintenance, no shoveling snow in the winter and no lawn mowing or shrub trimming in the summer. Move into this beautiful garden style unit that is close to major shopping areas and has easy access to major highways. The original owner has meticulously maintained and upgraded this upscale unit in a small complex of 26 units that is well maintained with very reasonable association fees. The lower level has been expanded to include a family/game room a king size bedroom, full bath and access to an outside patio that will add much for the enjoyment of the new owners.
| |||
| Jun 17, 2005 | Sold | ||
| Sold | |||
| Jul 12, 2004 | Listed by Coldwell Banker Realty - Chicopee | $199,000 | |
| Listed by Coldwell Banker Realty - Chicopee | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/03/2016
|
2 Bed
|
2 Bath
|
1287 ft²
|
$279,000
2 Bed
2 Bath
1287 ft²
|
$264,000
-5.38%
10/27/2016
|
Donald Barsalou
ERA M Connie Laplante Real Estate
| |
|
07/12/2004
|
2 Bed
|
2 Bath
|
1300 ft²
|
$199,000
2 Bed
2 Bath
1300 ft²
|
$194,900
-2.06%
06/17/2005
|
Raymond Authier
Realty World Authier
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017