2131 PIPESTONE DR
About This Property
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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 |
|---|---|---|---|
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by Kuper Sotheby's Int'l Realty | $500,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Welcome to this hidden enclave nestled in the heart of the city. This single-story stone residence boasts four bedrooms, 2.5 baths, two living areas, two dining rooms, and is situated on 0.40 acres. Upon entering the living room, you'll be welcomed by a freestanding stone fireplace, cathedral ceilings reaching 12 feet in height, and a series of windows overlooking the patio. The kitchen, bathed in natural light, features granite countertops, a large plant window above the sink, and a breakfast room adorned with curved French windows and an accentuated wood wall. The dining room, with a tray ceiling, offers versatility and can be utilized as an office space. The den, currently repurposed as a children's homework/playroom, showcases clerestory windows and a wet bar with a smoky mirror backsplash. The generously proportioned master bedroom features beamed cathedral ceilings. The master bath includes an extended vanity with two sinks, a Roman tub/shower, and a spacious closet with a built-in safe. The three additional bedrooms are appointed with wood-like tiled floors and ceiling fans. The inviting backyard is complemented by an 18x40 covered patio, majestic oak trees, and a storage shed. Located in proximity to a park with a walking trail, basketball court, and tennis court, this remarkable home awaits your personal touch. Come and explore the potential of this exceptional residence!
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| Mar 25, 2016 | Sold | ||
| Sold | |||
| Feb 19, 2016 | Listed by Texas Real Estate Firm | $314,800 | |
| Listed by Texas Real Estate Firm | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017