88 Pietro 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 |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Claire D. Leone Associates Ltd | $974,999 | |
| Listed by Claire D. Leone Associates Ltd | |||
| | |||
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Only 1 mile from the Crestwood Train Station, this modern home is a one of a kind nature oasis that seamlessly blends fabulous outdoor and indoor spaces. The split-level layout offers an open-concept main level with a vaulted ceiling, sky-lights and a wall of sliding glass doors that provide a beautiful view of the backyard and connect to a large deck. The bright kitchen features a large 8ft island, a unique lighted quartzite waterfall top, stone backsplash, and 2 pantries. 3 bedrooms and 2 bathrooms occupy the top floor. The primary bedroom offers an en-suite bathroom and a floor to ceiling window with a Juliette balcony that allows you to enjoy the breeze, listen to the birds and watch spectacular sunsets above Crestwood. The lower level offers an entry foyer with a spacious closet, a large family room that doubles as an in-home theater, an office, playroom or an additional bedroom. Solid wood pocket doors make it easy to transform the lower level to private guest quarters or a quiet office lounge. Sliding glass doors connect the space with a large bluestone patio, outdoor kitchen fully equipped for preparing meals and a flat backyard. You will be enveloped by nature and tranquility as the large .3 acre yard offers many cozy spaces for relaxing, playing and entertaining, a custom built play-yard for kids complete with a beautiful tree-house. Hard-wired landscape lighting and built-in outdoor speakers add to the magical ambiance. Features of the house include in-ceiling lighting, built-in speakers, video monitoring, a wood-burning fireplace, sprinkler system, concealed outdoor storage and shed, 2 large attics, high-end fixtures, low taxes, short distance to train, schools, the Bronx River bike path, shopping and many restaurants.
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| Sep 2, 2015 | Sold | ||
| Sold | |||
| May 22, 2015 | Listed by Claire D. Leone Associates Ltd | $499,000 | |
| Listed by Claire D. Leone Associates Ltd | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017