8 Pinecrest Dr. #8
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 17, 2009 | Sold | ||
| Sold | |||
| Mar 5, 2009 | Listed by Century 21 Hometown Associates | $244,900 | |
| Listed by Century 21 Hometown Associates | |||
| | |||
|
Beaut. move-in immac.condition, open floor plan condo. Igit.lite fireplc.w/heater oversized mast.b/r bath shower, Econ.util.cost, yr. $850 approx. (based on 3 yrs) Basement full, insul/studded/heat duct/plumned for Full bath ( $$$ savings)ready for completion. 3 addl' rms can be achieved. showing of finished basement in complex by agent appt. Lovely staircase from Ent. area, many extras, owner relocating. Exceptional Buy, amenitiesi have already been added. ALL appliances to remain, like new.
| |||
| Oct 28, 2005 | Sold | ||
| Sold | |||
| Jul 12, 2004 | Listed by Coldwell Banker Realty - Chicopee | $199,900 | |
| Listed by Coldwell Banker Realty - Chicopee | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2009
|
2 Bed
|
2 Bath
|
1211 ft²
|
$244,900
2 Bed
2 Bath
1211 ft²
|
$244,900
07/17/2009
|
Frances Brandt
Burger & Jarosz REALTORS®
| |
|
07/12/2004
|
2 Bed
|
2 Bath
|
1300 ft²
|
$199,900
2 Bed
2 Bath
1300 ft²
|
$219,900
+10.01%
10/28/2005
|
Raymond Authier
Realty World Authier
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017