7 Pine Tree Way #42
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 |
|---|---|---|---|
| Oct 16, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2016 | Listed by Roper Real Estate | $179,000 | |
| Listed by Roper Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2021
|
2 Bed
|
2 Bath
|
1315 ft²
|
$299,000
2 Bed
2 Bath
1315 ft²
|
$330,000
+10.37%
08/20/2021
|
Chip Roper
Roper Real Estate
| |
|
07/30/2017
| |
2 Bed
|
-
|
1055 ft²
|
-
2 Bed
-
1055 ft²
|
-
-
|
-
|
|
09/02/2016
|
2 Bed
|
1 Bath
|
1055 ft²
|
$179,000
2 Bed
1 Bath
1055 ft²
|
$175,000
-2.23%
10/16/2017
|
Chip Roper
Roper Real Estate
| |
|
07/02/2016
| |
2 Bed
|
2 Bath
|
1055 ft²
|
$155,000
2 Bed
2 Bath
1055 ft²
|
$149,000
-3.87%
02/10/2017
|
Jeffrey Brown
American Dream Real Estate Associates, LLC
|
|
06/07/2016
|
2 Bed
|
2 Bath
|
1315 ft²
|
$189,900
2 Bed
2 Bath
1315 ft²
|
$170,000
-10.48%
02/17/2017
|
Chip Roper
Roper Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017