3
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795 Pine Place
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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 5, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Mar 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 29, 2024 | Listed by RE/MAX Elite | $624,900 | |
| Listed by RE/MAX Elite | |||
| |||
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Seize The Chance To Own This Spacious 4-Bed, 3-Bath Haven Boasting An Expansive Pool & Spa, Set On A Large, Secluded .76 Acre Lot In Sought-After South Merritt Island! This Private Retreat Offers Ample Outdoor Space, Including A Vast Yard, Ideal For Hosting Gatherings Or Simply Unwinding. Enjoy Sunset At South Merritt Estates Riverfront Park, Fish At The Dock, Utilize The Boat Launch, & Riverside Picnic Area, While Taking In The Beauty Of The Indian River. Recent Upgrades Include: New Roof (2021), 2 New 14 Seer ACS (2022), Newly Resurfaced Pool & Pool Deck (2021), New Vinyl Fence (2022), PVC Plumbing Below Home. Oversized 2 Car Garage PLUS Shed w/ Electric~Perfect For Your Workshop! Your Spacious .76 Acre Lot Offers Room For Your Boat, RV or ADU! Step Into Coastal Living At Its Finest w/ This Hidden Gem, Offering Tranquility & Luxury In Equal Measure! ASSUMABLE VA MORTGAGE $535K at 3.125%, P & I = $2379.33. **May Take A Few Months To Assume.*
| |||
| Jan 17, 2024 | Price Decreased |
$699,900
↓ $95K
(12%) | |
| Price Decreased | |||
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About South Merritt Estates Pineland
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$2,850 /mo
- 4 Beds
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- 2,256 ft²
$2,900 /mo
- 3 Beds
- 2 Baths
- 1,573 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017