49 Pineneedle Ln #49
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 |
|---|---|---|---|
| Apr 21, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by 78 Properties | $409,900 | |
| Listed by 78 Properties | |||
| Oct 29, 2019 | Sold | ||
| Sold | |||
| Sep 2, 2019 | Listed by Lamacchia Realty, Inc. | $314,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Great commuter location! The updated three bedroom townhouse offering a finished basement is in move-in condition with modern updates including updated flooring, recessed lights & freshly painted interior. The tastefully remodeled kitchen offers stainless appliances & granite counters with breakfast bar. Sliders off of the dining area lead to the new deck to the fenced in yard. The lower level is finished that has many uses such as family room/entertainment or playroom. This is a don't miss home at this price and all the updates. Just move in.
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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 |
|---|---|---|---|---|---|---|---|
|
03/09/2022
|
3 Bed
|
2 Bath
|
1968 ft²
|
$409,900
3 Bed
2 Bath
1968 ft²
|
$430,000
+4.90%
04/21/2022
|
Lisa Reagan
78 Properties
| |
|
09/02/2019
|
3 Bed
|
1 Bath
|
1312 ft²
|
$314,900
3 Bed
1 Bath
1312 ft²
|
$314,000
-0.29%
10/29/2019
|
Kristen Meleedy
Coldwell Banker Realty - Westwood
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017