1119 Pear Tree Lane
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 |
|---|---|---|---|
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by The Horizon Team | $314,999 | |
| Listed by The Horizon Team | |||
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Exquisite 4BD/2.5B remodeled home is like NEW and you will not want to miss it. Perfect curb appeal—instantly drawn to the well-manicured landscaping, tall mature trees, and the lovely gray tones of the exterior. As you walk-in you will find new click-lock luxury vinyl flooring, freshly paint, & bright recessed lighting all throughout the home. The living room features soaring ceilings w/ wood beams, a stunning fireplace, & big windows showing the gorgeous views of the spectacular private pool and patio area- perfect for entertaining. Gourmet kitchen showcases all new stainless steel appliances, cabinets w/ quartz countertops & a backsplash that gives it a POP! Spacious bedrooms with fresh, new carpet w/ceiling fans, large closets, & great natural lighting. All Bathrooms are fully updated w/quartz countertops, modern vanities, upgraded lighting & primary bathroom has both a walk-in shower & bathtub with tile up to the ceiling. Location can't be beaten either- Easy access to I45 &FM1960
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017