5644 Pitch Pine DRIVE
About This Property
• Updated Elegance: Beautifully updated kitchen and baths.
• Cozy Charm: Relax by the wood-burning fireplace.
• Outdoor Bliss: Enjoy the expansive screened lanai and lushly landscaped backyard.
This home has been lovingly cared for and is ready for its next chapter. Don't miss your chance to see this rare find-schedule your showing today!
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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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by JULIAN PROPERTIES, INC. | $587,500 | |
| Listed by JULIAN PROPERTIES, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017