12216 Pine Lane
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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%.
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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 |
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| May 7, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by Call It Closed Int'l Realty | $525,000 | |
| Listed by Call It Closed Int'l Realty | |||
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Fish from your own backyard! This one-of-a-kind custom home sits on nearly an acre along a peaceful gully that leads to Dickinson Bayou, offering a rare waterfront feel with privacy and space. Relax on the large back and side porches and enjoy the quiet, scenic setting. Inside features beautiful vinyl plank flooring, a modern open concept kitchen with marble countertops, custom cabinets, farmhouse sink, stainless appliances and a nearby massive utility room with plenty of storage makes for a huge pantry. The private upstairs primary suite is a true retreat with two massive walk-in closets, a large soaking tub, and an oversized shower with dual heads. The garage has its own full bathroom, AC and a closet and would make a great mother in law suite or man cave! Generator hook up is an additional bonus! The property feels tucked away from it all while still being conveniently located just minutes from Hwy 646, I-45, Tanger Outlets, and Bucee’s. Best of all there's no HOA and low taxes!
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| Oct 28, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2021 | Listed by RE/MAX Synergy | $425,000 | |
| Listed by RE/MAX Synergy | |||
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Truly a one of a kind property that you will want to see for yourself. This custom built home sits on just under an acre and is on a gully that leads to Dickinson Bayou. It has a huge back and side porch to relax on and you can fish from your own backyard or out the back door of your garage. Beautiful vinyl plank floors, modern kitchen, massive utility room with natural light throughout are just a few of the perks this home has. The primary suite is upstairs by itself with two large walk in closets, a dream tub and a massive shower. The land is absolutely beautiful and feels tucked away from it all. Garage has its own full bath and AC. Just minutes from 646, 45, Tanger Outlets and Bucees. This one checks all the boxes and feels like home! No HOA and Low Taxes!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017