72 Pierce Street
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%.
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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by Compass | $730,000 | |
| Listed by Compass | |||
| Jul 27, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jun 14, 2023 | Listed by Coldwell Banker Realty - Belmont | $729,900 | |
| Listed by Coldwell Banker Realty - Belmont | |||
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HIGHLY DESIRABLE MALDEN LOCATION! Move right into this renovated home featuring a brand new kitchen with quartz counters and backsplash, stainless steel appliances including an induction stove with air fryer oven, open floor plan, office with french doors, dining room with built in, first floor primary bedroom and full bath with an additional 3 more bedrooms and second full bath on second floor. You will love the first floor laundry, private fenced yard and room to expand in the lower level with walk out to the backyard. Home is newly insulated, there are new Nest thermostats, a young 2021 roof and you are only 8/10 of a mile to the Oak Grove Orange Line Train Station. Commuter's dream!
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| Jun 24, 2022 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017