279 Pine Street
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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Sep 5, 2023 | No longer available | - | |
| No longer available | |||
| Aug 30, 2023 | Listed by Coldwell Banker Lake Oconee Realty/Lake Country | $475,000 | |
| Listed by Coldwell Banker Lake Oconee Realty/Lake Country | |||
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Madison Historic District beauty. Old and new come together perfectly in this C.1900 Victorian cottage on a quiet street just a few blocks from Madison’s vibrant downtown. Love entertaining? The large kitchen, formal dining room, and open flow from living room to sun room to private backyard are spaces your guests will enjoy. Gardening? The fenced yard has prepared and irrigated beds that will delight you. Dining out? It’s a short stroll to Madison’s newest restaurants. The spacious owner’s suite includes an ensuite bath, large closet, and reading nook. One bedroom has direct access to the secondary bath, while the other is the perfect location for a study or 3rd bedroom. So many of the original features remain – heart pine floors, soaring wood ceilings, a trio of mantles, wrap around porch. This home was renovated and expanded just a few years ago, so you can enjoy the updated kitchen and baths, plantation shutters, on-demand water heater, and tidy one stall garage with adjoining parking. Accessibility features include the paved walkway, ramp, wide entry doors, and master shower. The manager has listed the unit size as 2468 square feet.
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| Aug 16, 2023 | Listed by Coldwell Banker Lake Oconee | $475,000 | |
| Listed by Coldwell Banker Lake Oconee | |||
| Aug 30, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017