2018 PIPESTONE DR
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 |
|---|---|---|---|
| Feb 27, 2012 | Sold | ||
| Sold | |||
| Apr 12, 2011 | Listed by San Antonio's Finest Realty | $46,500 | |
| Listed by San Antonio's Finest Realty | |||
| May 28, 2010 | Sold | ||
| Sold | |||
| Jun 18, 2009 | Listed by RE/MAX Associates | $60,000 | |
| Listed by RE/MAX Associates | |||
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Nice building site in very convenient location. All city services available-- sewer line at Parkstone & Pipestone will need to be brought down street to property at buyer's expense/city will maintain after one year; gas line available across the street on Pipestone; water hydrant on front of lot is located just off this property. Recent survey available. Level with trees, low traffic (no thru street). Drive by, check it out, build your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017