74 Pine Tree Dr #74
About This Property
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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 |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
| Sep 28, 2022 | Listed by eRealty Advisors, Inc. | $870,000 | |
| Listed by eRealty Advisors, Inc. | |||
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Emerald Pines, Merrimack Valley's premier 55+ Adult Active Community. This charming Fairhaven model features an open floor plan. Well appointed gourmet kitchen features ss appliances, engineered hardwood floors, granite countertops, ample counterspace, large island with seating, casual dining area and access to spacious great room w/ gas fireplace. Expansive master suite features tray ceiling, generous closet, lavish primary bath with dual sink vanity, shower w/seat and private toilet area. Additional highlights include secondary bedroom, private office (or 3rd bdrm, see disclosure), laundry room and formal dining area. Basement is fully finished with bar area w/ seating, fridge, sink; media room, playroom/exercise room, and full bath. Includes updates of deck and outdoor patio area with pavers for great outdoor living space. Over $100k in upgrades. Clubhouse, pool, tennis, pickleball, putting green, bocce, garden area among the fabulous amenities.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/28/2022
|
2 Bed
|
3 Bath
|
3033 ft²
|
$870,000
2 Bed
3 Bath
3033 ft²
|
$855,000
-1.72%
12/09/2022
|
Jeanne Dennis
eRealty Advisors, Inc.
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017