1501 Pine Chase Drive
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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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Keller Williams Memorial | $1,499,000 | |
| Listed by Keller Williams Memorial | |||
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Step into your private sanctuary at 1501 Pine Chase, where the pool & backyard oasis invites you to escape the Texas heat. Enjoy the convenience of a summer kitchen, covered patio with retractable screens, heated pool, spa & low-maintenance turf. Inside, the open floorplan seamlessly blends the generous living area with the gourmet kitchen featuring an island, built-in refrigerator, gas cooktop & large walk-in pantry. The first floor boasts a bright & airy primary suite & bath & a versatile study, while the second floor offers four secondary bedrooms, 3 baths & spacious game room—perfect for relaxation. Enjoy peace of mind with numerous recent updates including an upstairs bath addition ('21), kitchen appliances ('22), roof ('22), outdoor kitchen, and pool resurface ('23), along with three AC units ('22), and driveway gate. Zoned to highly-ranked schools of VOE and MHS, this home offers both luxury and peace of mind. Prime location near Valley Oaks Elem, I-10, CityCentre & Downtown!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017