28 Pinegrove Ave
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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by JLK Realty | $269,000 | |
| Listed by JLK Realty | |||
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Attention cash buyers. Property will not qualify for financing, original cesspool is an automatic fail and will need a new septic. Great one bedroom with potential for someone looking to down size or a great mobile home alternative without the huge park fees. Located in Woods Lake this property was fully operational one year ago and has been vacant since with a little work this could be great for the right buyer. Some updates are vinyl siding, windows, rear living room addition, and farmers porch. This property is being sold as is. This is an estate sale, probate complete and is ready for sale. Owner has never occupied and has limited information regarding utilities, septic, and well. Please drive by property prior to booking appointment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017