3 Pine Island
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%.
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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 30, 2017 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed | $1,750,000 | |
| Listed | |||
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Island Living on the Coast of Maine! Just over an hour from Boston, this split level home with attached studio on coveted Pine Island offers 900 ft shore frontage, deepwater dock, privacy & stunning water views. 3 acres at high tide, 7 acres at low tide, with the addition of Pumpkin Island right on your doorstep. Just steps to the village, restaurants, & beaches, & a boat ride to the harbor, lighthouses, exceptional fishing and Isles of Shoals. Make this home your summer retreat or year-round family compound. The manager has listed the unit size as 2795 square feet.
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| Jul 8, 2017 | Listed | $1,750,000 | |
| Listed | |||
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Island Living on the Coast of Maine! Just over an hour from Boston, this split level home with attached studio on coveted Pine Island offers 900 ft shore frontage, deepwater dock, privacy & stunning water views. 3 acres at high tide, 7 acres at low tide, with the addition of Pumpkin Island right on your doorstep. Just steps to the village, restaurants, & beaches, & a boat ride to the harbor, lighthouses, exceptional fishing and Isles of Shoals. Make this home your summer retreat or year-round family compound. The manager has listed the unit size as 2795 square feet.
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| May 12, 2016 | Listed by KW Coastal and Lakes & Mountains Realty | $1,750,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017