28 Pierce Road
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 26, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $325,000 | |
| Listed | |||
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Enjoy the convenience of near town location and amenities with this classic Bartlett home. A true White Mountain Cottage with full length covered wrap around porch running along 2 sides. Seasonal views to the Moats range, and a peek at Mt Washington as well, could be improved if you choose to do some selective cutting. 5 bedrooms on 2nd level are accessed by both front and back stairways. Newer addition of a sun room with gas fired stove and a 1/2 bath make main level living area bright, warm and convenient. Property is in need of some TLC to bring it back to its full glory, and well worth the effort. The manager has listed the unit size as 2240 square feet.
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| Jun 4, 2017 | Listed by KW Coastal and Lakes & Mountains Realty/N Conway | $325,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/N Conway | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017