7 PINE TRL
About This Property
This spacious rancher offers 3 bedrooms and 3 full baths, including a finished basement with new flooring and fresh paint.
Key Features:
Garage: 2 car attached garage
Roof: Upgraded to a durable 50-year metal roof in 2020.
Appliances: Newer hot water heater and refrigerator.
HVAC System: Replaced approximately 7 years ago.
Accessibility: Equipped with a functional elevator from the main level to the basement, and a wheelchair-accessible walk-in shower in the basement.
All appliances are included, and the home is being sold as-is. This is a great opportunity to own a home with solid mechanical updates at an affordable price.
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Relisted | $275,000 | |
| Relisted | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by Keller Williams Gateway LLC | $275,000 | |
| Listed by Keller Williams Gateway LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017