12227 Castle Pines Road
About This Property
Separate laundry room inside. A/C & hot water heater have been replaced. Guard-gated community features clubhouse, resort-style pool, tennis, pickleball, billiards, fitness center, card room, arts & crafts & much more! Conveniently located close to shopping, great restaurants, minutes to beaches & major airport.
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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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | Listed by The Keyes Company | $419,900 | |
| Listed by The Keyes Company | |||
| | |||
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Welcome Home! Spectacular 3/2 home with 2-car garage & large screened patio. Accordion Shutters. All tiled flooring. Formal dining & spacious breakfast area. Large Family room, plantation shutters on sliders out to screened patio. Kitchen features granite counters, new microwave. Master has 2 generous walk-in closets with built-ins, dual sinks, separate shower & roman tub. 3rd bedroom currently used as office space.Separate laundry room inside. A/C & hot water heater have been replaced. Guard-gated community features clubhouse, resort-style pool, tennis, pickleball, billiards, fitness center, card room, arts & crafts & much more! Conveniently located close to shopping, great restaurants, minutes to beaches & major airport.
| |||
| Dec 2, 2019 | Sold | ||
| Sold | |||
| Aug 30, 2019 | Listed by The Keyes Company | $289,000 | |
| Listed by The Keyes Company | |||
| Nov 25, 1996 | Sold | ||
| Sold | |||
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About Pipers Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017