11520 Pine Grove Ln
About This Property
This beautifully updated 4-bedroom, 3-bath PLUS a fully equipped studio unit, offers flexible living options and endless opportunity.The recently renovated basement holds awell appointed studio style living space with a private entrance and patio area. There are so many options here! House-hack to generate rental income, create an ideal space for in-laws, nanny-quarters, college kids, or would even be ideal for home business. The current owners have a great income history here.
You will find all four bedrooms are conveniently located on the second level-a rare and highly desirable layout. Sleep peacefully knowing everyone is nearby! Each bedroom has plantation style shutters for an elegant touch.
The main level is bright and inviting, with newer luxury vinyl flooring throughout, and a remodeled kitchen with all-new appliances (2023). From the stylish backsplash, colors, the feature wall, new light fixtures and fans, everything was picked with an artist's eye. The new owner can rest assured all major upgrades have been taken care of! New furnace, AC, tankless water heater, water softener, and sump pump were all done in 2023. High quality wind and hail resistant roof was installed in 2020, along with fresh exterior paint. The newly poured driveway and walkway and two new maple trees in the expansive backyard complete the picture.
The surrounding neighborhood features mature trees, welcoming neighbors, and convenient proximity to walking trails, the community pool, and local schools. It's also within easy reach of Mainstreet's shops, cafes, farmers market, and seasonal festivals, creating a true hometown feel.
Whether you're looking for a smart investment, multi-generational living, or a home that offers both comfort and opportunity, this property delivers it all!
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 26, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by Coldwell Banker Realty 54 | $629,900 | |
| Listed by Coldwell Banker Realty 54 | |||
| | |||
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*Versatile Living Meets Small-Town Charm in the Heart of Parker*
This beautifully updated 4-bedroom, 3-bath PLUS a fully equipped studio unit, offers flexible living options and endless opportunity.The recently renovated basement holds awell appointed studio style living space with a private entrance and patio area. There are so many options here! House-hack to generate rental income, create an ideal space for in-laws, nanny-quarters, college kids, or would even be ideal for home business. The current owners have a great income history here.
You will find all four bedrooms are conveniently located on the second level-a rare and highly desirable layout. Sleep peacefully knowing everyone is nearby! Each bedroom has plantation style shutters for an elegant touch.
The main level is bright and inviting, with newer luxury vinyl flooring throughout, and a remodeled kitchen with all-new appliances (2023). From the stylish backsplash, colors, the feature wall, new light fixtures and fans, everything was picked with an artist's eye. The new owner can rest assured all major upgrades have been taken care of! New furnace, AC, tankless water heater, water softener, and sump pump were all done in 2023. High quality wind and hail resistant roof was installed in 2020, along with fresh exterior paint. The newly poured driveway and walkway and two new maple trees in the expansive backyard complete the picture.
The surrounding neighborhood features mature trees, welcoming neighbors, and convenient proximity to walking trails, the community pool, and local schools. It's also within easy reach of Mainstreet's shops, cafes, farmers market, and seasonal festivals, creating a true hometown feel.
Whether you're looking for a smart investment, multi-generational living, or a home that offers both comfort and opportunity, this property delivers it all!
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| Sep 8, 2020 | Sold | ||
| Sold | |||
| Aug 11, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017