1637 Pike Drive
About This Property
All bedrooms, including the oversized primary suite, are thoughtfully located upstairs with the utility room creating a private and functional layout perfect for families. The spacious primary retreat offers plenty of room to relax, while the spa inspired ensuite bath includes dual vanities, a soaking tub, separate shower, and a large walk in closet. Secondary bedrooms are generously sized and full of character, while the custom flex space with built ins creates the perfect setup for a home office, homework station, craft room, or creative workspace. One of the standout features of this home is the tornado shelter professionally bolted into the garage, offering added peace of mind and security.
Step outside to a spacious backyard with plenty of room to play, entertain, or simply unwind under the covered patio. Located just minutes from Highway 80, commuting, shopping, and dining are incredibly convenient. The community itself offers an amazing lifestyle with a resort style amenity center, pool, fitness center, parks, trails, and even an elementary school located right within the neighborhood. This is more than just a house, it is the perfect place to call 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 |
|---|---|---|---|
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2026 | Listed by RE/MAX DFW Associates | $324,990 | |
| Listed by RE/MAX DFW Associates | |||
| Aug 12, 2026 | No longer available | - | |
| No longer available | |||
| Jul 25, 2026 | Price Decreased |
$349,990
↓ $18K
(4.9%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$367,990
↓ $7K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017