2738 Pine 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Berkshire Hathaway-Boulder | $769,000 | |
| Listed by Berkshire Hathaway-Boulder | |||
| Feb 2, 2024 | Listed | $875,000 | |
| Listed | |||
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Quaint older cottage style home in the perfect location for an office, residence or live work situation. Street parking as well as off street parking and a detached garage off the alley. Currently houses a real estate development office. Commercial zoning allows for up to 4 units residential, commercial or mixed use. Existing single family 3 bedroom house could be a residence, but the property has great redevelopment potential of adding 3 more units. Seller has explored several different scenarios with an Architect and the City of Boulder. Please visit the website (street address spelled out) for an overview of ideas. All concepts represent scenarios that should be possible as "use by right" and are believed by Seller to be accurate. Buyers should perform their own due diligence, and not rely solely on these representations. Land Survey Plat available. Phase 1 and Phase 2 site assessments completed. Drainage plans available. Current rental license with the City of Boulder although currently used as office space. Great alley access to existing garage.
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| Aug 13, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017