61 Pinetree Drive
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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 |
|---|---|---|---|
| Mar 23, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by RE/MAX THE REAL ESTATE LEADERS | $349,000 | |
| Listed by RE/MAX THE REAL ESTATE LEADERS | |||
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Hurry!! Great Commuter Location and Won't last. Move in Ready, 4 bedroom,, 2 full bath for under 350k!! Home includes eat in kitchen, living room area, family room and formal dining room, hardwood floors on 2nd level. Exterior is vinyl sided, fenced yard and large oversized driveway. Perfect for growing family !!! Close to GSP, all major highways, South Amboy train, shops and restaurants.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017