116 Pinebury 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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by BHGRE Gary Greene | $925,000 | |
| Listed by BHGRE Gary Greene | |||
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Are you looking for a little piece of the country close to the city & ZONED TO KATY HIGH SCHOOL? This MUST SEE home sitting on 1.35 ac. with 4800 sq' of living space has everything to offer such as 2 primary suites & 2 living areas on the 1st floor, large kitchen with brand new quartz countertops, new backsplash & tile flooring, a formal dining room, indoor utility room plus a giant covered patio. Upstairs you will find 3 bonus rooms that could be used as additional bedrooms, an office, media room, craft room, living area or game room. There is also a full bath & a large bedroom making the upstairs a fantastic setup for a teenager or college student living at home. For the family that needs extra parking for cars or adult toys; there is parking for a total of 5 vehicles inside the garages plus a separate golf cart garage too. The detached 3 car garage could also be used as a wood shop, man cave etc plus there is 2nd floor decked storage above. Solar panels and Generac Gererator too.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017