47 Pinecrest Dr #47
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 |
|---|---|---|---|
| Dec 7, 2009 | Sold | ||
| Sold | |||
| Jul 5, 2009 | Listed by Maak Real Estate | $169,900 | |
| Listed by Maak Real Estate | |||
| Mar 30, 2006 | Sold | ||
| Sold | |||
| Sep 9, 2005 | Listed by Kathy M. Paul Real Estate | $179,900 | |
| Listed by Kathy M. Paul Real Estate | |||
| | |||
|
New 5 room condominiums in Pinecrest. Has private setting snuggled in the far corner of the development off the culdesac.
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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 |
|---|---|---|---|---|---|---|---|
|
07/05/2009
|
2 Bed
|
2 Bath
|
850 ft²
|
$169,900
2 Bed
2 Bath
850 ft²
|
$165,500
-2.59%
12/07/2009
|
France Martin
Kathy M. Paul Real Estate
| |
|
09/09/2005
|
2 Bed
|
2 Bath
|
1100 ft²
|
$179,900
2 Bed
2 Bath
1100 ft²
|
$179,900
03/30/2006
|
Raymond Authier
Realty World Authier
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017