23 Pinewood Rd
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by Compass | $1,300,000 | |
| Listed by Compass | |||
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Absolute charmer! This classic colonial is neatly set in Needham's desirable ladder street neighborhood with excellent proximity to the vibrant town center shops, restaurants and commuter train stops. Updated kitchen equipped with white appliances and Corian countertops. Generous mudroom area with half bath is an ideal drop zone when entering from the detached one car garage or level back yard. Warm hardwood floors and brick fireplace enhance the front to back living room which opens to a lovely porch. Separate formal dining room with classic built in cabinet for holidays and entertaining. Kitchen is open to added den/breakfast room with a rounded wall of windows to enjoy views of the yard. Four upstairs bedrooms create space for everyone as well as possible work from home space. Tiled full bath. Future expansion potential in the unfinished lower level. Lovely yard. Ideal opportunity to move in now and evolve this property over time. You couldn't ask for a better location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017