36
Map
23 Pine Summit Circle #23
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Price Decreased |
$3,250,000
↓ $200K
(5.8%) | |
| Price Decreased | |||
| Mar 7, 2025 | Listed by Coldwell Banker Realty - Wellesley | $3,450,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
| Dec 8, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2025
|
3 Bed
|
3 Bath
|
4438 ft²
|
$3,450,000
3 Bed
3 Bath
4438 ft²
|
$3,159,125
-8.43%
12/15/2025
|
Melissa Dailey
Coldwell Banker Realty - Wellesley
| |
|
03/07/2024
|
3 Bed
|
5 Bath
|
4438 ft²
|
$3,900,000
3 Bed
5 Bath
4438 ft²
|
-
-
|
Gerri Bernstein
Equine Homes Real Estate, LLC
| |
|
05/20/2015
|
4 Bed
|
5 Bath
|
4594 ft²
|
$2,225,000
4 Bed
5 Bath
4594 ft²
|
$2,087,500
-6.18%
10/30/2018
|
Claire Kotzampaltiris
Maloney Properties, Inc.
| |
|
06/23/2011
|
3 Bed
|
4 Bath
|
3449 ft²
|
$2,695,000
3 Bed
4 Bath
3449 ft²
|
$3,145,000
+16.70%
12/27/2012
|
Wade Staniar
LandVest, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017