5061 Pine Drive
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by CENTURY 21 Tenace Realty | $335,000 | |
| Listed by CENTURY 21 Tenace Realty | |||
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This three Bedroom Villa is in the beautiful, active community of Banyan Springs, a gated 55+ community. This is a bright, beautifully maintained villa with numerous updates such as Full Impact Glass expanding living area to 1,722 SF and beautifully updated bathrooms. Wide doorways and floor level raised to living area enhances accessibility. Banyan Springs is a tennis and pickleball club community with numerous clubs and amenities, including an on-site cafe. Community is centrally located near shopping, beaches, I-95 & Turnpike. Pets are welcome here (see restrictions)! This home is a must see!
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| Jul 22, 2021 | Sold | ||
| Sold | |||
| Jun 11, 2021 | Listed by Smart Property Moves LLC | $235,900 | |
| Listed by Smart Property Moves LLC | |||
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About Cedar Point North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017