32 Pine Hill Rd #32
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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | In contract | - | |
| In contract | |||
| Apr 20, 2023 | Price Decreased |
$1,499,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Jan 26, 2023 | Price Increased |
$1,549,000
↑ $50K
(3.3%) | |
| Price Increased | |||
| Dec 23, 2022 | Listed by Engel & Volkers By the Sea | $1,499,000 | |
| Listed by Engel & Volkers By the Sea | |||
| | |||
|
Beautifully appointed new construction townhome located in highly desirable Wenham Pines 55+ community offers a luxurious home and a sweet venue for entertaining. This 2 bedroom, 3.5 bath home featuring a sun-filled open floor plan with two levels of living: The main level features a large living room with gas fireplace, opening onto a Trex deck with seasonal views of Wenham lake, a luxurious kitchen with quartzite counters and pantry, dining area, a primary bedroom with gorgeous spa like bath, a 2nd bedroom with full bath, home office and half bath that enable living on one level. The finished lower level offers an expansive family room with 3 bonus rooms and full-bath that could be used for entertaining, home gym or guest quarters. And to top it off...a 2 car garage with Electric Vehicle charging station. Located close to beaches, shopping, golf and all the North Shore has to offer. Easy to show
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/23/2022
|
2 Bed
|
4 Bath
|
4425 ft²
|
$1,599,000
2 Bed
4 Bath
4425 ft²
|
$1,375,000
-14.01%
07/27/2023
|
Gretchen Berg
J. Barrett & Company
| |
|
04/23/2021
|
2 Bed
|
3 Bath
|
2425 ft²
|
$1,200,000
2 Bed
3 Bath
2425 ft²
|
$1,240,000
+3.33%
05/06/2022
|
Jane Lane
CBRB-New Homes The Residences at Robbins Brook
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017