61 Pine Grove #61
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 25, 2014 | Sold | ||
| Sold | |||
| Feb 24, 2014 | Listed by 5 College REALTORS® | $164,900 | |
| Listed by 5 College REALTORS® | |||
| | |||
|
Wonderful Post and Beam condominium in Ice Pond Woods. This 904 square foot unit with open floor plan has floor to ceiling built-ins galore! The living room area enjoys natural light from the huge bank of windows,the cozy window seat adds to the entertaining space. The 2 Bedrooms also have copious built in storage. Percs include new carpeting throughout, newer natural gas furnace, AC unit and hot water tank. Enjoy the surrounding natural setting only minutes to shopping, colleges and Amherst center.
| |||
| Aug 10, 2001 | Sold | ||
| Sold | |||
| May 22, 2001 | Listed by Goggins Real Estate, Inc. | $118,900 | |
| Listed by Goggins Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/24/2014
|
2 Bed
|
1 Bath
|
904 ft²
|
$164,900
2 Bed
1 Bath
904 ft²
|
$162,500
-1.46%
07/25/2014
|
Sally Malsch
5 College REALTORS®
| |
|
05/22/2001
|
2 Bed
|
1 Bath
|
904 ft²
|
$118,900
2 Bed
1 Bath
904 ft²
|
$118,900
08/10/2001
|
Joan Brennan
Realty World Sawicki
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017