197 Pine Cone Ln
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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by LIV Sotheby's International Realty | $2,750,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Nestled in the forest at the end of a cul-de-sac on 1.25 acres, in the desirable community of Alpine Timbers, this beautifully furnished custom home allows you to fully immerse yourself in the mountain lifestyle. Exceptional in style and quality, this luxurious retreat offers a thoughtful blend of rustic architectural elements and mountain modern design. The gourmet kitchen lends itself to entertaining on a grand or intimate scale with double ovens, gas 6-burner with griddle cooktop, slab granite counters, custom cabinetry, a generous center island with seating, breakfast nook, and walk-in butler's pantry. Adjacent to the kitchen resides a gracious dining area and full-service wet bar for large gathering. The open and warm great room provides an inviting atmosphere with a handsome stone fireplace and vaulted tongue and groove ceiling with solid beam accents. For a more intimate setting enjoy the cozy family room with a wood burning fireplace. An expansive covered deck, conveniently located off the kitchen and great room, provides a private oasis perfect for grilling and entertaining. The well-designed main floor primary bedroom features a bath ensuite with double vanities and steam shower, large walk-in closet with stacked washer/dryer, and a private office with built-in desks and shelving. Also residing on this level is a guest bedroom with a three-quarter bath ensuite and powder bathroom. The second level features an open office concept space with built-in desks, two bedrooms sharing a Jack and Jill bathroom, a third bedroom with a full bath ensuite, and spacious laundry room. The loft level, currently serving as a bunk room and secondary family/rec room, offers a large walk-in closet and three-quarter bathroom. This home has ample storage throughout as well as a spacious mud room conveniently located off the heated, three-car oversized garage with attached tandem car port. Easily store all your bikes, skis/snowboards, recreational gear, ATVs and snowmobiles!
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| Apr 15, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017