3531 Pine Needle Drive #APTD2
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 |
|---|---|---|---|
| Mar 7, 2014 | Sold | ||
| Sold | |||
| Sep 12, 2013 | Listed by ERA Home Run Real Estate | $35,000 | |
| Listed by ERA Home Run Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/23/2022
|
2 Bed
|
1 Bath
|
935 ft²
|
$118,000
2 Bed
1 Bath
935 ft²
|
$120,500
+2.12%
08/12/2022
|
Constance Crawford
United Realty Group Inc
| |
|
05/17/2021
|
2 Bed
|
1 Bath
|
940 ft²
|
$115,000
2 Bed
1 Bath
940 ft²
|
$115,000
08/25/2021
|
Ruthie Benitez
Atlantic Florida Properties Inc
| |
|
02/12/2020
|
2 Bed
|
2 Bath
|
935 ft²
|
$98,000
2 Bed
2 Bath
935 ft²
|
-
-
|
-
| |
|
10/10/2019
|
2 Bed
|
1 Bath
|
935 ft²
|
$107,000
2 Bed
1 Bath
935 ft²
|
$102,500
-4.21%
11/25/2019
|
Ileana Gomez
RE/MAX Excellence
| |
|
11/15/2018
|
2 Bed
|
2 Bath
|
935 ft²
|
$95,000
2 Bed
2 Bath
935 ft²
|
-
-
|
-
| |
|
11/25/2014
|
2 Bed
|
1 Bath
|
935 ft²
|
$62,750
2 Bed
1 Bath
935 ft²
|
$60,000
-4.38%
03/13/2015
|
Ruthie Benitez
Atlantic Florida Properties Inc
| |
|
10/04/2013
|
2 Bed
|
1 Bath
|
945 ft²
|
$69,900
2 Bed
1 Bath
945 ft²
|
$64,000
-8.44%
11/21/2013
|
Ruthie Benitez
Atlantic Florida Properties Inc
| |
|
09/12/2013
|
2 Bed
|
1 Bath
|
935 ft²
|
$35,000
2 Bed
1 Bath
935 ft²
|
$35,000
03/07/2014
|
Ruthie Benitez
Atlantic Florida Properties Inc
| |
|
07/20/2013
|
2 Bed
|
1 Bath
|
935 ft²
|
$44,900
2 Bed
1 Bath
935 ft²
|
$45,000
+0.22%
08/26/2013
|
Lorraine Villoverde
Atlantic Florida Properties Inc
| |
|
01/29/2012
|
2 Bed
|
1 Bath
|
935 ft²
|
$39,500
2 Bed
1 Bath
935 ft²
|
$39,000
-1.27%
06/28/2012
|
Susan B Fleming
Illustrated Properties LLC
|
Building Info
About Pine Ridge
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$2,200 /mo
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$2,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017