18 Pierce Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 3, 2022 | Sold | ||
| Sold | |||
| Dec 8, 2021 | Listed by RE/MAX Innovative Properties | $289,900 | |
| Listed by RE/MAX Innovative Properties | |||
| Sep 23, 2013 | Sold | ||
| Sold | |||
| Aug 26, 2013 | Listed by Allison James Estates & Homes/Bedford | $169,000 | |
| Listed by Allison James Estates & Homes/Bedford | |||
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Cape with large double L shaped lot, frontage both on Pierce and Pierce Ct.(see PDF map, was 2 lots at one time, and consolidated into one in 1994), attached 1 car garage and large garage/workshop with frontage on Pierce Ct.Estate sale, property being sold as is. Great investor opportunity.
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| Nov 4, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017