243 Piney Point Road
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 |
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| Mar 20, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Listed by Compass RE Texas, LLC - Houston | $2,995,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This contemporary home offers 4 bedrooms and 5.5 bathrooms across 5,624 square feet of thoughtfully designed living space, all situated on a generous 20,580 square foot lot in the highly desirable Piney Point Village. Designed with entertaining in mind, the home features a spacious dining room complete with a wine room and wet bar, a formal living room, an upstairs game room, and a chef’s kitchen that seamlessly opens to the family room. The private primary suite is a true retreat, featuring a sitting area with balcony access, a luxurious en-suite bathroom, and a large walk-in closet. Step outside to a beautifully appointed backyard with a pool and outdoor kitchen, perfect for relaxing or hosting guests in a private setting. Schedule a private showing today!
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| Jan 28, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by Greenwood King Properties | $2,500,000 | |
| Listed by Greenwood King Properties | |||
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Stunning contemporary w/stucco & stone façade. The entrance hall w/floating staircase & high ceiling opens to a series of luminous rooms that view the incredible outdoor living space including pristine pool/spa, fire feature & large, covered summer kitchen. Elegant dining w/ glass enclosed climate-controlled wine room & access to the bar. Nicely proportioned living room connects through a 2-sided fireplace to the study w/ huge picture window & open shelving. Spacious family room w/ fireplace opens to the family gathering kitchen w/ large island, breakfast counter & abundant storage space. Up the floating stairs you find the luxurious primary suite w/ sitting room & access to the oversized balcony. Primary bath w/ separate tub, frameless shower & impressive storage. 3 additional bedrooms up w/private baths. Game room up. 3-car garage w/ epoxy floor. Elevator capable. Control4 AV system. Circular drive + additional parking. Sophisticated yet relaxed style for today’s discerning buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017