2 Pinewood Rd
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 |
|---|---|---|---|
| Jul 22, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2021 | Listed by Wilson Wolfe Real Estate | $499,900 | |
| Listed by Wilson Wolfe Real Estate | |||
| Apr 16, 2010 | Sold | ||
| Sold | |||
| Mar 12, 2009 | Listed by Coldwell Banker Realty - Newburyport | $269,900 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
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WHAT A DEAL FOR THIS LOCATION! Three bedroom ranch style home, LOTS OF WORK DONE, FURNACE ONE YEAR, ROOF TWO YEARS, NEW DRIVEWAY, FAMILY ROOM IN LOWER LEVEL. Nice ENCLOSED PORCH, DECK. Galley kitchen, living room with Fireplace, PLENTY OF HARDWOOD! Needs some updates a little paint and a few things to finish, but has a Lovely lot over HALF ACRE. COMMUTERS DREAM close to TRAIN & HIGHWAYS! Subject to third party approval.
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| Jan 16, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017