12303 Pinerock Lane
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | No longer available | - | |
| No longer available | |||
| Aug 1, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,395,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Nestled in the sought after neighborhood of Frostwood in Memorial, this meticulously remodeled 4 bedroom, 4 bathroom home has left no stone unturned. Featuring a fully refreshed interior along with a new roof, new plumbing, and new electrical wiring, this home is turnkey and ready for move in. The light-filled, open-concept entertainment space with raised ceilings is perfect for family get togethers. Kitchen was opened up to make room for gorgeous all new Thermador appliances, including a 48" double-oven range. The primary en-suite was extended to make room for the spacious walk-in closet, along with the bath featuring double vanities, a soaking tub, and a walk-in shower. Zoned to highly rated Memorial High School, Memorial Middle and Bunker Hill Elementary. Easy access to City Centre, Memorial City Mall, I-10 and the Beltway.
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| Jul 21, 2024 | Price Decreased |
$1,550,000
↓ $99K
(6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017