260 Pierce Avenue
About This Property
This cozy home is perfect for first-time buyers and is conveniently located just minutes from Main Street. Close to schools, the bus station, hospital, and train station, it offers unbeatable accessibility.
The home features a spacious kitchen with ample cabinetry, perfect for all your storage needs, and tile flooring throughout for easy maintenance. Each bedroom is generously sized, offering plenty of space to accommodate your furniture and personal touches.
Don't miss this opportunity to own a home in such a prime location!
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$230,000
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Jun 26, 2025 | Price Decreased |
$240,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jun 5, 2025 | Relisted | $245,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017