37 Pinecrest Rd #37
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 |
|---|---|---|---|
| Nov 19, 2019 | Sold | ||
| Sold | |||
| Oct 14, 2019 | Listed by Cali Realty Group, Inc. | $240,000 | |
| Listed by Cali Realty Group, Inc. | |||
| Sep 19, 2008 | Sold | ||
| Sold | |||
| Jul 25, 2008 | Listed | $215,000 | |
| Listed | |||
| |||
|
Pinecrest Village Half Duplex Townhouse. Cathedral ceiling family room with slider to deck, eat-in kitchen, formal dining room with bay window, tiled foyer, freshly painted interior, central air, skylight in full bath, finished basement,private lot, no Condo fees, excellent location near schools and Heritage Park. Move-in condition.Priced well below assessed value.
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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 |
|---|---|---|---|---|---|---|---|
|
10/14/2019
|
Loft
|
2 Bath
|
1597 ft²
|
$240,000
Loft
2 Bath
1597 ft²
|
$240,000
11/19/2019
|
Steve Linnell
Cali Realty Group, Inc.
| |
|
07/25/2008
|
2 Bed
|
1 Bath
|
1217 ft²
|
$215,000
2 Bed
1 Bath
1217 ft²
|
$202,000
-6.05%
09/19/2008
|
Thomas Woods
Berkshire Hathaway HomeServices N.E. Prime Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017