8 WINGATE Place
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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.
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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 |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Jan 24, 2024 | Listed by NON MLS (realMLS) | $440,000 | |
| Listed by NON MLS (realMLS) | |||
| Dec 11, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $335,000 | |
| Listed | |||
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This magnificent pool home located in the desirable Pine Lakes neighborhood has a split floor plan with 4 large bedrooms, 3 baths, and 2 car garage. A breakfast nook with sliders leading to a large screened covered porch, sparkling soft water, solar heated pool w/plenty of area for entertaining in a park like setting that butts up to city owned property for privacy. this home has the following extra features: fireplace, vaulted ceiling, central vacuum, screen in garage door, mature landscape, alarm system, tile in all bathrooms and living areas, master bedroom has sliding doors leading to pool and a large master bath with walk in shower, a new walk in tub, double sinks, huge walk in closet. Kitchen has plenty of cabinets for storage and opens to a family room. 4th bed and 3rd bath offer privacy for family and guests, spacious sun filled living room and dining room. The lawn irrigation system is attached to a Rid Rust system that runs off a well. New paint inside and out. The manager has listed the unit size as 2824 square feet.
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About Pine Lakes
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2017911
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017