80 Pinecrest Drive
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.
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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 15, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed | $489,000 | |
| Listed | |||
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This is a rare find. A charming 3 bed, 2 bath Cape which has been completely remodeled and sits on an incredible 1.03 acres in the heart of Essex within minutes to schools, shopping and I-89. As you enter the home and pass through the mudroom, you are greeted with an open floor plan featuring the upgraded eat in kitchen with stainless steel appliances and breakfast bar. The kitchen overlooks the bright and airy living area with new floors. This main part of the home has the two guest bedrooms and the remodeled full guest bath. This area also has a large laundry room which has additional storage and direct access to the home's expansive backyard. As you pass through the kitchen, you find the primary suite bedroom which was added to the home in 2022. This space features a large bedroom area with tons of closet space, a bath with tiled shower, marble vanity & custom linen storage space. Just off the primary bedroom is an office/den area with another direct access to the backyard as well as access to the large basement offering more storage. While the house is wonderful, the home's backyard is the real gem. Apart from being large, the backyard has two outbuildings which are great for storage or as a workshop. It also has a firepit and custom built woodshed to service it. The yard has an abundance of mature vegetation which when in full bloom makes it a true outdoor retreat in the middle of town. The large lot also offers additional room to expand the home. A must see.
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| Jul 9, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Chenette Real Estate | $212,500 | |
| Listed by Chenette Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017