696 White Pine Tree ROAD #69
About This Property
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Cap Rate Calculator
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 17, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| Apr 6, 2024 | Price Decreased |
$274,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Mar 8, 2024 | Listed by PARADISE REALTY OF VENICE INC | $279,000 | |
| Listed by PARADISE REALTY OF VENICE INC | |||
| Jul 9, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/08/2024
|
2 Bed
|
2 Bath
|
1135 ft²
|
$279,000
2 Bed
2 Bath
1135 ft²
|
$250,000
-10.39%
07/17/2024
|
Melissa Brookes
PARADISE REALTY OF VENICE INC
| |
|
06/02/2021
|
2 Bed
|
2 Bath
|
975 ft²
|
$194,000
2 Bed
2 Bath
975 ft²
|
$185,000
-4.64%
07/09/2021
|
Kara Money
KARA MONEY LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017