235 Pierce 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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by Gibson Sotheby's International Realty | $899,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Discover this breathtaking beach bungalow, just 4 houses from the bay. Deeded access to Silver Springs Beach and steps to Cooks Brook, it's a dream come true for beach lovers and boating enthusiasts alike. Completely renovated, this property blends modern comfort with seaside charm.The main house boasts two cozy bedrooms on the first floor, and separate living areas below providing additional space. An inviting enclosed porch welcomes you home, offering a serene space to unwind and dine. After a day at the beach, rinse off in the outdoor shower. An artistic spiral staircase to a rooftop deck with panoramic views of Cape Cod Bay, perfect for sunset.The separate office/studio makes an ideal space for creative pursuits. The property is adorned with natural gardens, creating a tranquil outdoor retreat. Experience the perfect blend of modern living and natural beauty in this incredible bungalow, offering a rare opportunity to enjoy beachside living.
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| Jun 23, 2024 | No longer available | - | |
| No longer available | |||
| Jun 5, 2024 | Price Decreased |
$930,000
↓ $67K
(6.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017