1866 Pitcairn 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%.
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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 |
|---|---|---|---|
| May 11, 2022 | Listed by Gatehouse Properties | $2,199,000 | |
| Listed by Gatehouse Properties | |||
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Can you say “end of the cul-de-sac, Inner Loop dreams”? You’ve hit it!Carefully renovated from top to bottom from owners who thought they were never going to leave. Only the best was put into this home’s exceptionally thoughtful and impeccable design. This home is tucked away on a coveted Mesa Verde "Inner Loop" end of a cul de sac street, with a expansive lot over 10,500 sq. feet.The floor plan is completely reimagined for this 5 bedroom model and incredibly thoughtful and functional, with a perfectly natural flow and connected from one area to the next. Enter to wire brushed oak floors throughout the first level. Custom kitchen with white shaker style cabinetry, shiplap appointed ceiling, large center island, tons of work/prep space, small hidden appliance garages, and high end Bosch and Thermador stainless steel appliances including a 6 burner gas stove. True walk-in pantry was created in the remodel, something you never find in this neighborhood or this model! Did you say you needed a true interior laundry room with cabinets and folding space? Check! The home has a good attention to an open space concept with the living room adjacent to the kitchen, but also a nice separation of space with the casual family room/media room. The family room has built-ins, it’s own fireplace, and a slider out to the backyard.The backyard is flat out HUGE for this 10,000++ sq.ft.lot - there is a sideyard play area with turf, a sideyard storage area, and a large pool with child safe barrier that is appropriately placed on the left side of the yard. The remainder of the yard stretches out to the right and has multiple dining or relaxation options, all framed by gorgeous olive trees.All the bathrooms are remodeled and on point, and the coastal transitional theme throughout this house feels perfect.Downstairs bedroom/office is perfect for work from home days, has a fireplace, and is quiet and away from most of the home, but does have a nice window out on to the front and the street. Easy to play in this large cul-de-sac right out in front of the house!Possible R.V. access area as well. Walk to Adams Elementary as well as exclusive Mesa Verde Country Club. The manager has listed the unit size as 2753 square feet.
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| May 21, 2020 | Sold | ||
| Sold | |||
| Feb 13, 2020 | Listed by Villa Real Estate | $1,089,000 | |
| Listed by Villa Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017