350 Pine Needle Road
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | Listed by Five Market Realty LLC | $398,900 | |
| Listed by Five Market Realty LLC | |||
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Located in the highly desirable Talmadge neighborhood adjacect to Piedmont Hospital and Normaltown, 350 Pine Needle is a 3 bedroom 1 bath brick charmer. New roof and gutters were installed in 2021 along with a new HVAC in 2022. Additional features include an updated kitchen, original oak hardwood floors, knotty pine paneling, custom closet spaces, ample parking and a quiet, private backyard, making this a property you cannot miss. Spend your Saturday mornings at the nearby Athens Farmers Market, walk or bike to restaurants and shops, and enjoy the conveniece of in-town living.
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| May 3, 2023 | No longer available | - | |
| No longer available | |||
| Jan 21, 2023 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Dec 6, 2022 | Listed by Coldwell Banker Upchurch Realty | $399,000 | |
| Listed by Coldwell Banker Upchurch Realty | |||
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This charming mid-century brick home features a 3 bedroom and 1 bathroom floor plan and sits on a generous lot in a quiet neighborhood with Athens Piedmont Hospital, shopping, dining, Athens Farmers Market, downtown Athens and The University of Georgia nearby. Original oak hardwood floors, knotty pine paneling, telephone nook, ceiling fans, plenty of custom closet spaces and vintage tiled bathroom are just a few of the details found in this home. A newer roof, gutters and updated kitchen are just a few other updated points of interest. Exterior storage space and patio off back of house. Driveway accommodates three cars with additional on-street parking available. Spacious and private back yard. This Normaltown property is close to shopping, dining, Athens Farmers Market, downtown Athens and The University of Georgia. The manager has listed the unit size as 864 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017