46 Pine Grove St
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 |
|---|---|---|---|
| Jun 26, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by Zemack Real Estate | $1,635,000 | |
| Listed by Zemack Real Estate | |||
| Aug 14, 2018 | Sold | ||
| Sold | |||
| Jun 4, 2018 | Listed by W. J. Nealon Commercial Realty, Inc. | $859,000 | |
| Listed by W. J. Nealon Commercial Realty, Inc. | |||
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Rare opportunity to purchase a two family in residential neighborhood in Needham. Unit 4 is leased through September 2018 at $1,900 per month (Tenant is interested in extending). Unit 6 is recently vacated. Suitable for owner occupant, investor, or possible condo conversion. Duplex has two side by side units, each two floors, with living room room, dining room, kitchen and half bath on main floor, and three bedrooms and full bath on second floor. Separate electric and natural gas for each unit. Single water mater. Short walk to commuter rail and shopping/dining in Needham Heights.
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| Nov 15, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017