87 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.
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 |
|---|---|---|---|
| Jan 22, 2024 | Listed by RE/MAX North Professionals | $475,000 | |
| Listed by RE/MAX North Professionals | |||
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| Nov 29, 2022 | No longer available | - | |
| No longer available | |||
| Nov 16, 2022 | Listed by RE/MAX North Professionals | $475,000 | |
| Listed by RE/MAX North Professionals | |||
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Over 3,000 sq ft of living space is waiting for your personal touch. 4 bedrooms including ensuite master with walk-in closet and a second bedroom on the 1st level. Open concept with a massive 31' x 17' living room with a fireplace, vaulted ceilings, and extra-large floor-to-ceiling windows. Open kitchen with cherry cabinets and dining area with access to your large 14 x 13 deck for your outdoor entertaining. You'll find 2 more spacious bedrooms on the lower level with a full bath, laundry room, storage area, and 29' x 13' bonus room with a wood stove and slider to the large backyard. There is natural solid pine woodwork throughout the home plus 2 mini split AC units on the main level to keep you cool on those humid summer days. The home also comes with a generator to keep the power on at all times. The manager has listed the unit size as 2753 square feet.
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| Jun 30, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Chad Dion Real Estate | $1,250,000 | |
| Listed by Chad Dion Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017