85 Pine Grove #85
About This Property
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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.
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 |
|---|---|---|---|
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2019 | Listed by 5 College REALTORS® | $214,900 | |
| Listed by 5 College REALTORS® | |||
| | |||
|
Buyers, do not miss this one! Pristine, two bedroom, 1.5 bath, Post & Beam townhouse with one car garage is available in Ice Pond Woods complex, 10 minutes to Amherst Center and 15 to UMASS. First condo complex to have gas heat beside central air. This unit touts top notch wood stove as well. Owners delight in unique features: spacious 1390 SF on two levels, Post & Beam structure, banks of windows, high ceilings, closet & cabinet built-ins. Delight in center stairway, illuminated by natural light from abundant windows. 1.5 bathroom set-up like a Jack and Jill: each bedroom accesses separate, upgraded half bath & shares tiled tub/shower in middle. Enjoy a garage with floor of storage area above each bay. This unit has the advantage of a nice, wood deck in a very private area where you can sit and enjoy the natural environs. Hiking trails and the bike path are not far. Enjoy convenient living in a tranquil setting offering independent living in a desirable community.
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| Sep 18, 2015 | Sold | ||
| Sold | |||
| May 19, 2015 | Listed by Sawicki Real Estate | $203,900 | |
| Listed by Sawicki Real Estate | |||
| | |||
|
Quaint and Cozy describes this 5 Room, 2 Bedroom, 1.5 Bath Townhouse Style Condo w/1 Car Detached Garage, Beautiful Wood Floors & a lot of Natural Woodwork throughout. 1st Floor offers large Living Room w/Wood Floors, Window Nook & Wood Burning Stove that gives the room a warm ambiance, Galley Style Kitchen w/Updated Appliances, lots of Counter & Cabinet Space, Tile Floor and New Custom Recessed Lighting (APO) that is open to the Formal Dining Room w/Wood Floors & Beam Ceiling. 2nd Floor boasts 2 Spacious Bedrooms w/Ample Closet Space, Built-Ins & Beam Ceilings along w/Floor to Ceiling Windows in the Sun Filled Master Bedroom and Full Bathroom w/Stackable Washer & Dryer. Great Outdoor Space w/Deck backing up to the woods and plenty of extra storage space in the Shed. Convenient Location that is nearby downtown Amherst, Umass & Amherst College, Route 9 shopping and Rt 116.
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| Aug 22, 2008 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/08/2019
|
2 Bed
|
2 Bath
|
1390 ft²
|
$214,900
2 Bed
2 Bath
1390 ft²
|
$214,000
-0.42%
09/27/2019
|
Sally Malsch
5 College REALTORS®
| |
|
05/19/2015
|
2 Bed
|
2 Bath
|
1380 ft²
|
$203,900
2 Bed
2 Bath
1380 ft²
|
$202,000
-0.93%
09/18/2015
|
Eric Knyt
Sawicki Real Estate
| |
|
05/22/2008
|
2 Bed
|
1 Bath
|
1310 ft²
|
$200,000
2 Bed
1 Bath
1310 ft²
|
$197,000
-1.50%
08/22/2008
|
Roy Johnson
Jones Group REALTORS®
| |
|
05/17/2006
|
2 Bed
|
2 Bath
|
1310 ft²
|
$199,900
2 Bed
2 Bath
1310 ft²
|
$189,000
-5.45%
08/31/2006
|
Keith Kaneta
Jones Group REALTORS®
| |
|
05/01/2004
|
2 Bed
|
2 Bath
|
1310 ft²
|
$174,000
2 Bed
2 Bath
1310 ft²
|
$176,000
+1.15%
07/15/2004
|
Brooke Wotton
Bridge Realty
| |
|
07/27/2001
|
2 Bed
|
2 Bath
|
1310 ft²
|
$129,900
2 Bed
2 Bath
1310 ft²
|
$126,000
-3.00%
09/14/2001
|
Jacqui Zuzgo
5 College REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017