20 Pinebrook Road
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 |
|---|---|---|---|
| Sep 2, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Listed by Keller Williams Hudson Valley | $2,559,000 | |
| Listed by Keller Williams Hudson Valley | |||
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Discover a secluded paradise on almost 6 acres, offering a blank canvas of possibilities! This expansive property could potentially be subdivided into a few exclusive lots, each hosting a single-family home, or even envision a community hub with a school and amenities. No approvals or guarantees are in place. The property already generates a steady income stream with a existing house on site, collecting $3,400 in monthly rent. This provides a lucrative opportunity to earn while you explore development options and work through the approval process. Explore the potential, but always verify with local authorities for any development or zoning regulations.
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| Jun 30, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017