23 Pine Tree Drive
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 |
|---|---|---|---|
| Dec 9, 2011 | Sold | ||
| Sold | |||
| Aug 18, 2011 | Listed by Citylight Homes LLC | $569,900 | |
| Listed by Citylight Homes LLC | |||
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Designer Tri Level w/contemporary flair offers 8 rms, 2 1/2 baths, gourmet,custom kit w/granite,island, stainless appliances, marble flr & dining area,entertainment size diningrm & lvrm w/cath ceil,master w/custom bath, shower w/6 heads & slider to balcony,Brazilian hdwd, fireplace familyrm w/sliders to yd,playrm w/granite wet bar, double stairway to lower level, radiant & oil heat, cen air, custom stone patio, sprinkler system, one car gar, located on great cul-de-sac in desirable Indian Rock
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| Aug 12, 2003 | Sold | ||
| Sold | |||
| Apr 1, 2003 | Listed by Carpenito Real Estate, Inc. | $529,900 | |
| Listed by Carpenito Real Estate, Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017