26 Pine Grove #26
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 12, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $199,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Tranquility welcomes you home on Pine Grove to a one bedroom wood and beam condo. Cathedral ceilings, large windows that allow natural light, and well maintained wood floors create continuity in this open concept living space. Newer quartz countertops and tile in the rennovated kitchen and bath. Convenient in-unit laundry, gas heat, central AC, and a detached garage with second floor storage. Also, a seperate outdoor parking space is available. The condos are pet friendly, have plenty of outdoor spaces to enjoy the surrounding conservation land, ponds and hiking trails. Accessible to downtown Amherst, route 9, public transportation, UMass and Amherst College.
| |||
| Jul 19, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Coldwell Banker Community REALTORS® | $173,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2024
|
1 Bed
|
1 Bath
|
650 ft²
|
$199,900
1 Bed
1 Bath
650 ft²
|
$235,000
+17.56%
06/12/2024
|
Carrie Duda
Coldwell Banker Community REALTORS®
| |
|
06/03/2021
|
1 Bed
|
1 Bath
|
650 ft²
|
$173,000
1 Bed
1 Bath
650 ft²
|
$180,000
+4.05%
07/19/2021
|
Sue Bernier
Jones Group REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017