171 Pine Ln #3
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 |
|---|---|---|---|
| May 22, 2020 | No longer available | - | |
| No longer available | |||
| Jan 17, 2020 | Listed | $489,000 | |
| Listed | |||
| | |||
|
A private Townhouse set in the middle of downtown Osterville. This spacious condominium features a first floor master suite. The kitchen steps out to a covered deck, which then steps down to a private fenced in patio/courtyard. The second floor features another full suite, family room and four season sun room. The partially finished basement offer room for storage, and extra living space for guests. The property comes with it's own detached one car garage and off street parking space. The association is under new management, which has resulted in the replacement of the roof, trim and fresh paint on the exterior of the building. The manager has listed the unit size as 2304 square feet.
| |||
| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
| Dec 8, 2019 | Price Decreased |
$495,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Sep 2, 2019 | Price Decreased |
$499,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/13/2019
|
3 Bed
|
4 Bath
|
2123 ft²
|
$529,000
3 Bed
4 Bath
2123 ft²
|
-
-
|
-
| |
|
01/17/2020
|
2 Bed
|
3 Bath
|
2304 ft²
|
$489,000
2 Bed
3 Bath
2304 ft²
|
-
-
|
-
| |
|
05/23/2019
|
4 Bed
|
4 Bath
|
2288 ft²
|
$539,000
4 Bed
4 Bath
2288 ft²
|
-
-
|
-
| |
|
04/03/2019
|
2 Bed
|
3 Bath
|
2304 ft²
|
$529,000
2 Bed
3 Bath
2304 ft²
|
-
-
|
-
| |
|
05/15/2018
|
4 Bed
|
3 Bath
|
1889 ft²
|
-
4 Bed
3 Bath
1889 ft²
|
-
-
|
-
| |
|
03/17/2014
|
3 Bed
|
4 Bath
|
2123 ft²
|
$449,000
3 Bed
4 Bath
2123 ft²
|
$400,000
-10.91%
06/01/2015
|
Jeanette Neeven
Kinlin Grover Compass
| |
|
02/18/2010
|
2 Bed
|
2 Bath
|
3200 ft²
|
$795,000
2 Bed
2 Bath
3200 ft²
|
-
-
|
Kathleen Byrne
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017