163 PINE FOREST Court
About This Property
Like-new 2,650 sq ft home on a private cul-de-sac preserve lot with no neighbor on one side. Over $98K in post-closing custom upgrades including 24''x48'' polished porcelain tile throughout, gourmet kitchen with granite counters, glass tile backsplash, island wrap, and induction cooktop. Open-concept layout with tray ceilings and quad sliders to a tiled, screened 40' lanai. and fenced yard with full landscaping, lighting, and gutters already done. Custom-built lounge. Luxury primary suite offers dual granite vanities, glass vessel sinks, backlit mirrors, dual showerheads, and bench seating. Laundry room features custom cabinetry, sink, and dual LG WashTowers. Move-in ready, no projects left to do! Schedule your showing & experience this beautiful home
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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 |
|---|---|---|---|
| Nov 6, 2025 | Price Decreased |
$595,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Aug 5, 2025 | Listed by SAVVY AVENUE, LLC. | $615,000 | |
| Listed by SAVVY AVENUE, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017