3309 Pine Avenue
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 22, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $3,399,999 | |
| Listed | |||
| | |||
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This gorgeous brand new construction modern plantation home features top quality craftsmanship with enormous attention to detail. Upon entry through the Dutch door, there is tremendous light and openness that is carried throughout this unique home. The inviting living room has a fireplace and flows into a formal dining area. The expansive kitchen features top of the line appliances and is adjacent to a family room with a second fireplace, making this home an entertainer's dream. Heated patio opens into beautifully landscaped yard. The home boasts 5 spacious bedrooms all with en suite bathrooms. Master suite includes a sizable walk-in closet, dual sink bathroom with soaking tub and lovely private deck. Highly desirable tree section location that is in close proximity to downtown, award winning schools, the greenbelt and beach. This home was pre-sold and has an estimated completion date of June 2018. The manager has listed the unit size as 3247 square feet.
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| May 22, 2018 | Listed by Strand Hill Christies International Real Estate | $3,399,999 | |
| Listed by Strand Hill Christies International Real Estate | |||
Property Highlights
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About Tree Section
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017