2109 Pear Tree Lane
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 16, 2026 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$499,000
↓ $40K
(7.4%) | |
| Price Decreased | |||
| Jun 21, 2026 | Listed by Compass -- Chapel Hill - Durham | $539,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| Aug 1, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $263,000 | |
| Listed | |||
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Move in ready and 5 Bedrooms & 3 full bathes! Open floor plan, 1st floor guest suite. New granite counter-top and fresh painting. Hardwood on 1st, and laminate on bonus and hardwood on master. Huge master bed room with sitting area. Close to RTP, 147,I-40, 540 & more.The manager has listed the unit size as 3088 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017