305 Pine Ridge Circle #D1
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 |
|---|---|---|---|
| May 10, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2022 | Listed by Keyes Company | $174,000 | |
| Listed by Keyes Company | |||
| |||
|
FIRST floor 2/1.5 Condo located within the active adult community of Pine Ridge III. TRANE A/C w/ UV Light (2020) Features include: Open floor plan, breakfast bar, dining area, interior full size washer and dryer and PLANTATION shutters. Renovated bathrooms includes tiled shower with seamless glass enclosure, new vanities with quartz countertops. Two Large bedrooms with walk-in closets. Freshly Painted. Hard Wood Floors and Tile through-out. Large Enclosed patio with roll down shutters and storage. Deco shutters on exterior windows. Community Clubhouse with heated pool, walking/jogging paths, bbq/picnic area, bocce and shuffleboard. Centrally located with easy access to Florida Turnpike, close to shopping, restaurants and not far from ocean beaches.
| |||
| Dec 15, 2017 | Sold | ||
| Sold | |||
| Aug 8, 2017 | Listed by Unknown Office | $74,900 | |
| Listed by Unknown Office | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/10/2023
|
2 Bed
|
1 Bath
|
935 ft²
|
$169,900
2 Bed
1 Bath
935 ft²
|
$165,000
-2.88%
10/05/2023
|
Carol E German
CENTURY 21 Tenace Realty
| |
|
11/16/2022
|
2 Bed
|
1 Bath
|
935 ft²
|
$174,000
2 Bed
1 Bath
935 ft²
|
$166,000
-4.60%
05/10/2023
|
Stephanie Gagnon
The Keyes Company
| |
|
09/04/2022
|
2 Bed
|
1 Bath
|
935 ft²
|
$159,900
2 Bed
1 Bath
935 ft²
|
$165,000
+3.19%
10/06/2023
|
Carol E German
CENTURY 21 Tenace Realty
| |
|
03/23/2021
|
2 Bed
|
1 Bath
|
935 ft²
|
$91,500
2 Bed
1 Bath
935 ft²
|
$90,000
-1.64%
05/07/2021
|
Jo Cudnik
LAER Realty Partners Bowen/Wellington
| |
|
08/27/2020
|
2 Bed
|
1 Bath
|
935 ft²
|
$94,500
2 Bed
1 Bath
935 ft²
|
-
-
|
-
| |
|
06/02/2020
|
2 Bed
|
1 Bath
|
935 ft²
|
$95,000
2 Bed
1 Bath
935 ft²
|
$93,000
-2.11%
08/04/2020
|
Robert Ayrsman
Florida Coastal Premier Realty LLC
| |
|
08/08/2017
|
2 Bed
|
1 Bath
|
1043 ft²
|
$74,900
2 Bed
1 Bath
1043 ft²
|
$67,000
-10.55%
12/15/2017
|
Greg Dawson
Compass Florida LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017