8614 Pines Place 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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Keller Williams RealtyNortheast | $249,900 | |
| Listed by Keller Williams RealtyNortheast | |||
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Welcome to 8614 Pines Place! This charming 3 bedroom, 2 bath home has neutral paint and carpet, two fully working gas fireplaces, saltillo tile in the common areas and plenty of upgrades! Soaring ceilings, wood beams, and stained glass are just a few of the features that make this home stand out. The kitchen has been updated with granite countertops, brand new microwave/convection oven, and beautiful backsplash. Owners retreat features wood laminate floors and en suite bathroom. Secondary bathroom has updated floor, custom built cabinetry and hot/cold indicator faucets. The backyard is a gardener's dream, with an all organic garden featuring bell pepper plant, watermelon, tomato plants, pepper plants, spaghetti squash, and cucumber. The backyard also has mature peach and plum trees, fig tree, and orange tree, plus a fish pond and storage shed. This home's upgrades include a whole home generator, upgraded double pane windows, new AC with smart thermostat, Tech shield and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017