12602 Pine Bough 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%.
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $399,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Beautifully Updated 2 Story set on quiet Cul-de-Sac lot in desirable Enchanted Valley. Country Cov'd Front Porch, Cozy Family Room w/ Fireplace and Wood-Plank Tile floors that extend thru First Floor. Remodeled Kitchen: 42” Cabinets, Quartz Counters, SS Appl, 5 Burner Range, Walk-In Pantry, Undercab Lighting, Coffee Bar & Morning Room. Lg Formal Dining plus Living Rm down & Game Rm Up make entertaining a breeze. Spacious 1st Flr Owner's Retreat & Updated Primary Bath w/ Custom Cabinets, Quartz counters, Dual Sinks, Marble tile at Tub/Shower & Walk-In Closet. Expansive Secondry Bdrms Up w/ Walk-In Closet & Space for king-size furniture plus Study nook. WHOLE HOUSE UPDATES: PEX Plumbing, Dbl Pane Windows, Electric Panel, Water Softener, Filtered Water, Pocket Doors, 2-Panel Interiors, Bronze Faucets & Fixtures, Recessed Lighting, Built-Ins, 2 Sheds w/Electricity & Oversized Garage. Magnificent Backyard w/ Patio, Pond & Lush Landscaping. Excellent CyFair Schools! Low Taxes! Welcome Home!
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About Cypress
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017