178 Pine River Path
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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by BHHS Verani Wolfeboro | $86,000 | |
| Listed by BHHS Verani Wolfeboro | |||
| May 15, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | Listed by BHHS Verani Meredith | $82,000 | |
| Listed by BHHS Verani Meredith | |||
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Looking for a perfect lot to start building your dream home this spring? Well, look no further, because here it is! Hit the ground running with this gorgeous level 2.5 acre lot. All the hard work has already been done for you: the previous owner cleared and stumped about an acre area for the home site, got the power brought down to the lot, roughed in the driveway, did the perc test, and got a state-approved 4-bedroom septic design good until June 2025. There are even blueprints available for a lovely ranch with a farmer's porch. Use the existing blueprints or come up with your own design - that's your choice. Great location, close to town amenities like grocery store, pharmacy, golf course, boat launch, snowmobile trails. Oh, did I mention that Effingham is the hiker's paradise with lots of trails running through the 2,200 acre Pine River State Forest; 1,000 acre High Watch Preserve, and many other conservation areas? If you love nature, you can't pick a better setting for your forever home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017