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%.
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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 |
|---|---|---|---|
| Dec 7, 2009 | Sold | ||
| Sold | |||
| Jul 5, 2009 | Listed by Maak Real Estate | $169,900 | |
| Listed by Maak Real Estate | |||
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|
Well Maintained End unit, Ready to move in Condo. Pack your bags and call this one home. This unit has a finished family room in lower level. Neutral berber carpets, nice private patio,1 car garage with opener, bright and sunny unit. Call and make your appointment to view this unit you will be very pleased.
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| 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