1309 Pine Forest Dr
About This Property
FORMAL DINING ROOM, KITCHEN, PANTRY, BREAKFAST ROOM FAMILY ROOM WITH GAS LOG FIREPLACE
LOOKING OUT AT 15 BY 32 FOOT LIGHTED HEATED SALTWATER POOL WITH 6 SEAT RAISED SPA. ALSO FEATURES THREE WATERFALLS AGAINST A RAISED TILE WALL. POOL LIGHTS CAN CHANGE COLORS.
VIEW THIS LOVELY HOME SOON ! THIS HOME QUALIFIES FOR A LARGE REDUCTION ON INSURANCE.
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Cap Rate Calculator
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 1, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Relisted | $389,900 | |
| Relisted | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Price Decreased |
$389,900
↓ $9K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017