89 Pearce 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 |
|---|---|---|---|
| Feb 3, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by Howard Hanna WNY Inc. | $229,900 | |
| Listed by Howard Hanna WNY Inc. | |||
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This classic Storybook Ranch in Amherst/Snyder is 100% move-in ready and has 2 to 3 bedrooms (the 3rd BDRM is currently being used as a dining room). Features include Hardwood floors throughout, large windows that fill the space with natural light, a stamped concrete patio, seamless gutters, blown-in insulation, glass block windows, a newer sump, electrical panel, and a furnace that is less than 5 years old. Large basement rec-room. The back entrance leads to a fully fenced, very private yard. Won't last long! Showings begin at the open house on Saturday, 10/19/2024 from 1:00-3:00p.m. Home is also open Sunday, 10/20/2024 from 1:00-3:00 P.M. Negotiations and offers, if any, will be reviewed on Tuesday 10/22/2024 at 12:00/NOON.
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| Dec 20, 2019 | Sold | ||
| Sold | |||
| Oct 18, 2019 | Listed by Howard Hanna WNY Inc. | $150,000 | |
| Listed by Howard Hanna WNY Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017