9353 Pinion Drive
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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 |
|---|---|---|---|
| Jul 19, 2021 | No longer available | - | |
| No longer available | |||
| May 25, 2021 | Price Decreased |
$729,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Apr 30, 2021 | Listed by Haber Realty Inc | $749,000 | |
| Listed by Haber Realty Inc | |||
| | |||
|
Don't miss your opportunity to own a home on an acre of property in the hidden gem community of The Ranchettes. It is a non HOA community made up of 1-2 acre properties. Bring your boats, trucks, and horses. This community has it all! This unique log home has recently been upgraded and has 4 bedrooms, 2 bathrooms, screened in back porch, office area, and a small loft for children to call their own. AC recently replaced. Property is on CITY WATER! but your water bill will be low since the sprinklers are connected to an on site well. Enjoy your own home grown fruit from the multiple fruit trees. Be sure to check out the 3D Virtual Walk Through and don't miss out on this amazing property. The manager has listed the unit size as 1761 square feet.
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| Jan 23, 2017 | Sold | ||
| Sold | |||
| Dec 1, 2016 | Sold | ||
| Sold | |||
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About Palm Beach Ranchettes
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$8,500 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017