894 PINE AVENUE
About This Property
Property Features: Contemporary design with clean lines and modern finishes. Open concept living, dining, and kitchen areas. Spacious primary suite with en-suite bath. Two additional bedrooms and a full guest bath. Over ¼ acre lot with room for expansion, gardening, or recreation. No HOA – bring your boat, RV, or customize freely. Private well and septic – no city water/sewer bills. Quiet, low-traffic street for peaceful living. This home offers the perfect blend of style, space, and independence-ideal for buyers seeking a modern lifestyle without restrictions.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Increased |
$355,000
↑ $6K
(1.7%) | |
| Price Increased | |||
| Sep 26, 2025 | Price Decreased |
$349,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed by AULIN PROPERTY GROUP LLC | $355,000 | |
| Listed by AULIN PROPERTY GROUP LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017