31 Pine Ridge Cir
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Keller Williams Gateway Realty/Salem | $499,900 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
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Situated on a wooded lot with lots of nature and wildlife. The contemporary home has gone through an amazing transformation in the last few years. Some of the updates include: 2 yr old Roof and Water heater, all new kitchen appliances, BRAND NEW Expanded Kitchen with custom built cabinetry and quartz countertops and tile backsplash, Bamboo flooring throughout, Brand NEW 1st floor bath with NEW tile flooring, custom vanity and NEW cast iron tub with tile surround, 2nd floor bath renovated with NEW floors, countertop and vanity. There is so much more! You won't be left in the dark with the generator transfer switch. Lots of natural light filters in through the abundance of large windows. In colder months, the propane fired gas stove will help keep the rooms cozy. Primary bedroom has large closet with desk nook and the other 2 bedrooms are nicely sized. There is a small reading nook or desk space in the 2nd floor loft area which offers some flexibility in the floor plan. Close proximity to Rt 111 shopping and restaurants as well as highway access. Walking trails, local ponds and beaches, and town organized activities will keep you busy. You will love what this beautiful home has to offer in the quaint town of Sandown. Showings start 6/8 at the open house.
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| Sep 2, 2016 | Sold | ||
| Sold | |||
| Jun 13, 2016 | Listed by Keller Williams Realty | $279,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017