1154 N Pine Dr
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 6, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by West and Main Homes Inc | $475,000 | |
| Listed by West and Main Homes Inc | |||
| | |||
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Mountain Retreat in the peaceful wooded community of Friendship Ranch. This home is not located in Harris Park. 1154 North Pine Drive is completely remodeled and features 2 large bedrooms in this single-story home on a .74 acre fenced lot. The kitchen is updated with beautiful maple cabinets, granite countertops, and stainless steel appliances and opens to the spacious living room with vaulted ceilings and large windows showcasing the amazing mountain views. Meticulously maintained as a licensed short term rental, this turn-key property has durable vinyl plank flooring throughout, as well as fresh paint, new trim, and new light fixtures. The wood burning stove and extra attic insulation will keep you warm all winter, and the wraparound deck is ideal for enjoying the beautiful sunrises and peaceful scenery. Concrete pad and electrical wiring is ready for you to install a hot tub.
Bailey is the perfect base for exploring the Rocky Mountains and close enough to Denver to access city amenities. Other recent improvements include: Class 4 impact resistant roof, gas water heater, well pressure tank, well pump saver, UV light/sediment water filter, washer, dryer, and microwave.
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| Apr 5, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017