7335 Pineneedle Lane
About This Property
Great community that offers Public Golf Course and Pool.
Spacious 2/2 1 car home with long driveway for extra cars. Large covered and screened patio area and open patio area. Master bathroom is nicely updated. Hurricane shutters on windows but not sliders. Home is sold Turnkey. Excluded items are Desk in den, grandfather clock, buffet in dining room, dining room chandelier, 2 scones in master bedroom. Lamps in living room, large lamp in den. 2nd bedroom dresser in closet. ceramic dog, electric recliner, personal property and some paintings.
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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 |
|---|---|---|---|
| Jan 2, 2015 | Sold | ||
| Sold | |||
| Oct 17, 2014 | Listed by RE/MAX Ocean Properties | $135,000 | |
| Listed by RE/MAX Ocean Properties | |||
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About Lucerne Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017