1346 Pilot Point Drive
About This Property
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | No longer available | - | |
| No longer available | |||
| Feb 5, 2025 | Listed by HomeSmart | $275,000 | |
| Listed by HomeSmart | |||
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Welcome to 1346 Pilot Point! This special home is located in Fallbrook, an unrestricted neighborhood on a nice, private cul-de-sac lot. No HOA. Lots of potential with this property to do whatever you want. The oversized backyard backs up to Veteran's Memorial, giving you access to move vehicles/RV's, etc. in and out of the property. A great home for entertaining your family and friends and plenty of room for a pool. Recent updates include (2024): new roof, complete HVAC system, water heater, with new waterproof vinyl floors throughout, fresh interior and exterior paint, updated kitchen and bathrooms, light fixtures and ceiling fans, partial fence. Backyard patio was also added. You will just love the floor plan, the large, pie-shaped private back yard. The possibilities are endless with this property! Conveniently located near Beltway 8, close to I-45, Hwy 249 and the airport.
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| Dec 31, 2024 | Listed by HomeSmart | $284,900 | |
| Listed by HomeSmart | |||
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|
Welcome to 1346 Pilot Point! This special home is located in Fallbrook, an unrestricted neighborhood on a nice, private cul-de-sac lot. No HOA. Lots of potential with this property to do whatever you want. The oversized backyard backs up to Veteran's Memorial, giving you access to move vehicles/RV's, etc. in and out of the property. A great home for entertaining your family and friends and plenty of room for a pool. Recent updates include (2024): new roof, complete HVAC system, water heater, with new waterproof vinyl floors throughout, fresh interior and exterior paint, updated kitchen and bathrooms, light fixtures and ceiling fans, partial fence. Backyard patio was also added. You will just love the floor plan, the large, pie-shaped private back yard. The possibilities are endless with this property! Conveniently located near Beltway 8, close to I-45, Hwy 249 and the airport.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017