2 Pine Isle Drive #A
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 |
|---|---|---|---|
| Dec 17, 2015 | Sold | ||
| Sold | |||
| Sep 9, 2015 | Listed by PB Brooks Realty | $154,900 | |
| Listed by PB Brooks Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/07/2019
|
2 Bed
|
1 Bath
|
1542 ft²
|
$195,000
2 Bed
1 Bath
1542 ft²
|
$206,000
+5.64%
03/15/2019
|
Barbara Freitas
Coco, Early & Associates - Bridge Realty Division
| |
|
09/21/2016
|
2 Bed
|
2 Bath
|
1602 ft²
|
$159,900
2 Bed
2 Bath
1602 ft²
|
$155,000
-3.06%
11/29/2016
|
Susan Ochoa
Coco, Early & Associates
| |
|
07/21/2016
|
2 Bed
|
1 Bath
|
1542 ft²
|
$164,500
2 Bed
1 Bath
1542 ft²
|
$164,500
10/31/2016
|
Gretchen Haga
BHHS Verani Windham
| |
|
09/09/2015
|
2 Bed
|
2 Bath
|
1782 ft²
|
$154,900
2 Bed
2 Bath
1782 ft²
|
$147,000
-5.10%
12/17/2015
|
J. Bradford Brooks
Coldwell Banker Realty Haverhill MA
| |
|
09/26/2014
|
3 Bed
|
2 Bath
|
1460 ft²
|
$140,000
3 Bed
2 Bath
1460 ft²
|
$140,000
11/24/2014
|
Amanda Butler
Keller Williams Realty - Londonderry
| |
|
01/15/2013
|
2 Bed
|
2 Bath
|
1364 ft²
|
$129,000
2 Bed
2 Bath
1364 ft²
|
$125,000
-3.10%
04/30/2013
|
Mark Cooper
HomeSmart Success Realty LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017