227 W Pine Street
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%.
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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.
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Jan 18, 2026 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Price Decreased |
$999,000
↓ $101K
(9.2%) | |
| Price Decreased | |||
| Sep 17, 2025 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Jul 22, 2025 | Listed by Douglas Elliman Real Estate | $1,200,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to your Coastal Retreat! This spacious 4 bedroom, 3 bathroom home is ideally located just moments from the beach, bay and Long Beach Recreation Center. The first floor features a one car garage and three generously sized bedrooms. The second floor (Main Living Level) is an open concept living room, dining area and kitchen with soaring high ceilings and a cozy fireplace. The primary bedroom suite is also on this level for added convenience. On the third floor, enjoy a rear rooftop deck with sweeping bay views. A brand new BOSCH HVAC system was added in 2024. It provides independent heating and cooling for upstairs and downstairs living areas. With its prime location, modern upgrades, abundant natural light, and breathtaking bay views, this home is truly one of Long Beach's treasures.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017