51 Pinewood 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 13, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by RE/MAX North Professionals | $259,900 | |
| Listed by RE/MAX North Professionals | |||
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With two bedrooms, one full bathroom, a one-car garage, and a host of fantastic features, this property offers everything you need for a cozy and hassle-free living experience. The kitchen features ample counter space, stylish cabinetry, and modern appliances. The adjacent dining area is perfect for enjoying meals with family and friends, creating lasting memories. The two spacious bedrooms provide peaceful retreats for rest and relaxation. Each room boasts generous closet space and large windows, allowing for plenty of natural light. The neutral color palette and the new flooring continue in these rooms, creating a seamless flow throughout the home. One of the standout features of this bungalow is the insulated and heated additional room. This versatile space can be used as a home office, a hobby room, or even a guest bedroom, offering endless possibilities to suit your needs. The comfort of year-round use makes it an invaluable asset to the property. Outside, you'll find a new deck, perfect for enjoying the fresh air and outdoor entertaining. The attached one-car garage offers convenient parking and additional storage space. Delayed showing until 7/5/23.
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| Mar 7, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | Listed by RE/MAX North Professionals | $229,900 | |
| Listed by RE/MAX North Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017