307 Pine Street
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 12, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 29, 2025 | Listed by Four Points Real Estate, LLC | $474,900 | |
| Listed by Four Points Real Estate, LLC | |||
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OFFER ACCEPTED OPEN HOUSE CANCELLED. Investors and Owner-Occupants! Don’t miss this fully renovated two-family home, perfectly situated just minutes from downtown Gardner with immediate access to Route 2. Set on nearly a quarter-acre lot, the property offers ample off-street parking, including over six spaces and a two-car garage. Each unit features two well-proportioned bedrooms, a spacious living room, an eat-in kitchen, and a full bath. Tastefully updated with granite countertops, stainless steel appliances, and luxury vinyl plank flooring throughout, the entire home is truly move-in ready. Comfort is ensured year-round with two ductless mini-split systems per unit and electric baseboard heat. The walkout basement offers laundry hookups and generous storage space, adding to the property's appeal. Whether you're seeking a low-maintenance investment or a home with rental income potential, this turnkey multi-family is an exceptional opportunity.
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| Dec 23, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017