6 Pine Needle Lane, Lot 6
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 |
|---|---|---|---|
| Jul 13, 2017 | Sold | ||
| Sold | |||
| Apr 11, 2016 | Listed by Compass | $100,000 | |
| Listed by Compass | |||
| | |||
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CRANE LANDING ~ Nestled quietly between bog lands and Tremont Pond, this aesthetically beautiful sub-division offers home sites of acre-plus lots to build your dream home. Underground utilities, period lighting, walking trails and access to Tremont Pond and Village. This lot is located just 3 miles from major highways, medical facilities and shops/restuarants. Builders and homeowners, take a look... you won't be disappointed!
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| Jul 13, 2006 | Sold | ||
| Sold | |||
| May 7, 2006 | Listed by Berkshire Hathaway HomeServices N.E. Prime Properties | $239,900 | |
| Listed by Berkshire Hathaway HomeServices N.E. Prime Properties | |||
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Address: 335 Madison Avenue, New York, NY 10017