1031 Pin Oak Drive
About This Property
home, set on a sturdy pier & beam foundation, exudes character and charm. The backyard features a stunning saltwater pool with spa and a rock waterfall slide, perfect for relaxation and entertainment. Enjoy ample green space for outdoor activities and a covered patio just off the family room, ideal for al fresco dining. Meticulously cared for, this home has been recently updated to include a completely renovated kitchen with a farmhouse sink, pot filler, custom cabinetry, and leathered granite countertops. Engineered wood flooring and tile run throughout the home, adding a touch of elegance and durability. First floor features an office, formal dining, large family room, and a luxurious primary suite. All bathrooms have been tastefully updated, adding to the home's modern appeal. Recent upgrades also include a new roof and most windows, ensuring peace of mind for years to come.
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | $550,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017