1044 Nesthorn 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%.
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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| May 16, 2026 | In contract | - | |
| In contract | |||
| Feb 3, 2026 | Listed by Century 21 Allstars | $439,900 | |
| Listed by Century 21 Allstars | |||
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Charming mountain retreat located near Lake Gregory offering the perfect opportunity for full-time living, weekend escapes, or investment potential. This well-maintained home features a functional and inviting layout with two bedrooms conveniently located on the main level (of which one bedroom currently used as a gym) and two additional bedrooms upstairs, providing flexibility for guests, family living, or workspace options.
The home showcases thoughtful updates, remodeled kitchen designed with a more open-concept floor plan that enhances flow and connection between living spaces—perfect for entertaining or enjoying everyday mountain living.
Enhanced improvements through the years include updated flooring throughout, upgraded lighting fixtures, ceiling fans, refreshed interior finishes, and improved bathroom features with modern tile work, updated fixtures, and stylish glass shower enclosures. The property also features sliding glass doors and window coverings that enhance natural light and energy efficiency.
Exterior upgrades include durable composite roofing and spacious redwood decks positioned to enjoy the surrounding mountain setting and outdoor lifestyle. Additional enhancements include upgraded plumbing fixtures, low-flow toilets, and freeze-resistant outdoor spigots for seasonal durability.
Conveniently located near local recreation, dining, and year-round outdoor activities, this property offers a wonderful opportunity to enjoy mountain living at its best.
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| Jul 10, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2020 | Listed by RE/MAX LAKESIDE | $333,900 | |
| Listed by RE/MAX LAKESIDE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017