108 Southern Pine Place
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 |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by TX Lake & Land Real Estate | $489,900 | |
| Listed by TX Lake & Land Real Estate | |||
| Apr 3, 2019 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $17,500 | |
| Listed | |||
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Build a home in the gated community Pinnacle Club at Cedar Creek Lake. Wind through a forest, wildlife, and an 18-hole golf course. Join friends and family at the Country Club restaurant for dinner. Other amenities include a pool, exercise room, driving range, practice range, pro shop, picnic pavilion, and a Heliport (pad). There are multiple membership packages for residents. There are many activities for those who want to gather such as an airshow, wine society, parties, bible study, bridge, women's club and plenty of golf tournaments for all. Sign#86 on property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017