27
Map
305 Pine Ridge Circle #D1
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 10, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2022 | Listed by Keyes Company | $174,000 | |
| Listed by Keyes Company | |||
| Dec 15, 2017 | Sold | ||
| Sold | |||
| Aug 8, 2017 | Listed by Unknown Office | $74,900 | |
| Listed by Unknown Office | |||
| | |||
|
Ground floor 2 bed 1.5 bath unit with a screened patio, open kitchen, wood laminate floors, and a laundry room. Pine Ridge is a 55+ adult community with a pool, clubhouse and tennis close to major roads, shopping and dining.
| |||
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