248 Pheland St.
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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 26, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed | $279,900 | |
| Listed | |||
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Offer Deadline is Sunday, May 25th at 3 pm. Check out this remodeled 4 bedroom home in Pine Point. It has a brand new kitchen with granite counter tops and stainless steel appliances. The flooring is all new as well. There is a deck in the back and the back yard is fenced in. Two of the bedrooms are on the first floor and two are on the 2nd floor. The basement is partially finished with a big open area. There is a lead paint certificate in place. Make your appointment today before it is gone.
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| Jan 22, 2013 | Sold | ||
| Sold | |||
| Dec 7, 2012 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $73,200 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017