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8 Pine Place
About This Property
The airy interiors are enhanced by high ceilings and skylights, inviting natural light to dance throughout the space. Adding to the coastal chic vibe, the house boasts charming shiplap walls, providing a touch of seaside charm to every corner.
Venture upstairs, & you'll discover a private guest quarters offer a serene retreat for visitors with a summer kitchen, ideal for entertaining guests.
Contact us today to schedule a viewing to this seaside serenity at 8 Pine Pl. Your coastal paradise awaits!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017