722 Pawnee Ave
About This Property
+ 2 full bathrooms along with a 2 car detached garage. The land is located on a large corner lot. Owner will carry - terms:
$5,000 down + 2 points origination 9% interest only payments w/ a 5 year balloon. Buyer and/or Buyer's agent to verify
all information.
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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 |
|---|---|---|---|
| Sep 27, 2025 | Price Decreased |
$69,900
↓ $20K
(22.3%) | |
| Price Decreased | |||
| Aug 19, 2025 | Listed by MarketPlace Realty, LLC | $89,900 | |
| Listed by MarketPlace Realty, LLC | |||
| | |||
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Large 14,000 sq ft lot has a mobile home on the property (mobile home does not have a title). Mobile home is a 2 bedroom (1 bedroom is non-conforming) + 1 full bathroom along with a 2 car detached garage. The land is located on a large corner lot. Owner will carry - terms:$5,000 down + 2 points origination 9% interest only payments w/ a 5 year balloon. All information deemed reliable but not guaranteed, Buyer and/or Buyer's agent to verify all information.
| |||
| Jul 19, 2025 | Listed by Market Place Realty | $94,500 | |
| Listed by Market Place Realty | |||
| Aug 1, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Market Place Realty | $99,900 | |
| Listed by Market Place Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017