623 Pine Circle
About This Property
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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 |
|---|---|---|---|
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Executive Texas Realty | $369,900 | |
| Listed by Executive Texas Realty | |||
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A one of a kind gem in the beachfront community of El Jardin. This spacious home features 4 bedrooms and 3 full bathrooms on over 1/3 of an acre. The unique addition allows for a possible separate mother in law suite. This property consists of two lots and the home is on one so buyer could eventually sell the other lot or build another home on it. This home has never flooded and fema owns the land in front where you will often see the deer that roam the neighborhood. El Jardin is truly a one of a kind golf cart community. Don't forget to drive by the beach on your way out as there is both a public one and a private one just for the community.
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About Pasadena
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,750 /mo
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$2,675 /mo
- 3 Beds
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- 1,735 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017