37 Pine Ridge Drive
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 |
|---|---|---|---|
| Oct 1, 2024 | Price Decreased |
$600,000
↓ $90K
(13%) | |
| Price Decreased | |||
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | Price Increased |
$700,000
↑ $100K
(16.7%) | |
| Price Increased | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Keller Williams Elite | $600,000 | |
| Listed by Keller Williams Elite | |||
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ALL the features you've been looking for! Nicely renovated 3-4 Bedroom, 2 Full Bath Ranch with 2-car garage in desirable walkable neighborhood setting. Gleaming Hardwood floors throughout the main living area and all three 1st floor bedrooms. Gas cooking, Granite eat-in kitchen is open to the living room with wood burning fireplace. Updated full baths provide one tub/shower setup with the second featuring an oversized tile shower. Spacious Deck and patio overlook the Huge Level Backyard framed by trees with tire swing, lush landscaping, multiple gardens and shed. Walkout Lower level has large family room and home office (which might double as 4th bedroom?). Great size tiled laundry room and lots of additional storage space. This home has it all: Town Water/Sewer, Central A/C, Natural Gas for Heat, Tankless Hot Water and Cooking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017