587 Pinehurst Road
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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 |
|---|---|---|---|
| Jul 12, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed by RE/MAX Realty 9 | $375,000 | |
| Listed by RE/MAX Realty 9 | |||
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Unique property offers many options, set on over 1.3 acres in Plumsted Twp. Terrific Colonial boasts Formal Living Room & Dining Room, great for entertaining. Spacious Family Room w/ hardwood floors, wood burning fireplace & half bath w/ new vanity. Sunny Kitchen w/ full SS appliance package. Master BR w/ WIC & full bath, huge 2nd bedroom w/ double closets & large 3rd bedroom plus full bath w/ new vanity. Full basement & 2 car garage. Property also has separate guest house with kitchenette, living room, bedroom, full bath and garage space. Perfect for in-laws, office, hobby or even Air B&B income. Built-in pool and fenced area plus large driveway with ample parking.
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About Ocean
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21916850
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017