702 Pinecrest Circle #F
About This Property
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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%.
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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 |
|---|---|---|---|
| Feb 24, 2023 | Sold | ||
| Sold | |||
| Jan 5, 2023 | Listed by KW Reserve Palm Beach | $349,900 | |
| Listed by KW Reserve Palm Beach | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/29/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$350,000
2 Bed
2 Bath
1178 ft²
|
$325,000
-7.14%
01/08/2024
|
Chen Zhang
The Keyes Company - Stuart
| |
|
01/05/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$349,900
2 Bed
2 Bath
1178 ft²
|
$318,750
-8.90%
02/24/2023
|
Jeff Tricoli
Keller Williams - Palm Beach Central
| |
|
10/26/2020
|
2 Bed
|
2 Bath
|
1178 ft²
|
$249,999
2 Bed
2 Bath
1178 ft²
|
$249,999
02/24/2021
|
Bonnie Clark
Illustrated Properties (Abacoa)
| |
|
01/24/2014
|
2 Bed
|
2 Bath
|
1178 ft²
|
$139,900
2 Bed
2 Bath
1178 ft²
|
$136,500
-2.43%
06/10/2014
|
Brad Mayo
The Keyes Company (Tequesta)
|
Building Info
About Indian Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017