6 Pine Crest Ave #A
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%.
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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 19, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | In contract | - | |
| In contract | |||
| Sep 8, 2023 | Listed by Vadala Real Estate | $584,000 | |
| Listed by Vadala Real Estate | |||
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This lovely home provides a peaceful and quiet setting on a beautiful, wooded one acre lot at the end of a quiet dead-end street in the Magnolia section of Gloucester. The interior offers a very functional and spacious floorplan. The first floor consists of a large living room with hardwood floors and a kitchen dining room combo with a slider that opens to a patio. There is also a half bath with laundry and one additional room perfect for home office, den or fourth bedroom if needed. The second floor has new vinyl planking floors throughout and offers two bedrooms and a full bath as well as a large main bedroom with a main bath. The exterior has a new roof, freshly painted siding, off street parking, two patios and a great wooded area for exploring or expanding your outside space. This is all set close to Magnolia Beach and the shops and restaurants of Magnolia Village.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/08/2023
|
3 Bed
|
3 Bath
|
2231 ft²
|
$584,000
3 Bed
3 Bath
2231 ft²
|
$615,000
+5.31%
10/19/2023
|
Mark Ventimiglia
Vadala Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017