118 Pin Oak 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 |
|---|---|---|---|
| Oct 6, 2026 | Listed by Wendy Cline Properties Group | $510,000 | |
| Listed by Wendy Cline Properties Group | |||
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by Max Brand Realty | $499,000 | |
| Listed by Max Brand Realty | |||
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Your own piece of heaven in Hempstead, TX! This immaculate home is situated on 1.94 acres with nice-sized trees and plenty of green space. The home is open concept with 3 bedrooms, an office/study, 2 bathrooms, 1 car garage/storage, and a large workshop (28x30). Upon entry is the spacious living room with big windows for plenty of natural light. On the right is a large dining area & remodeled kitchen (within 2 years) with a breakfast bar, island, new oven/stove, new dishwasher, microwave, and ample cabinet and counter space. To the right, primary suite with an ensuite bath, his and hers sinks, soaking tub and separate walk-in shower. The 2nd & 3rd bedrooms are on the opposite side of the house along with the 2nd bathroom. Off of the living room is the office/study donning beautiful glass doors. Out back, there is 1 car garage/storage as well as a large workshop and an old chicken run. Come take in the beauty and serenity. Make an appointment today, this won't last long!
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| Apr 14, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017