631 Pinesap 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 |
|---|---|---|---|
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by J. Carter Breed Properties | $447,200 | |
| Listed by J. Carter Breed Properties | |||
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Beautiful home and ready to move in! Fresh interior paint! New roof! New carpet! Numerous plumbing, electrical, A/C, and balcony repairs completed in 2022. Most hardware replaced & all A/C ducts cleaned w/ anti-microbial. Huge 29x18 family room with travertine-type tile floors, fireplace, and built-ins. Appealing kitchen features tile flooring, granite counters, stainless appliances, bar with 2nd sink. Large living room has wood floors and beamed high ceiling. Master down and bath has double-headed shower, butted glass, granite counters. Features side patio and courtyard. 3 carpeted bedrooms up, one with access to balcony. Hollywood bath up has recent tub, granite counters, tile floors. Owners have spent $45K+ in upgrades and repairs in 2nd quarter 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017