2540 W Pinegrass 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 |
|---|---|---|---|
| Mar 28, 2026 | Listed by West USA Realty | $708,500 | |
| Listed by West USA Realty | |||
| Feb 19, 2026 | No longer available | - | |
| No longer available | |||
| May 12, 2025 | Listed | $705,000 | |
| Listed | |||
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Build your dream home in Torreon Lakes at an affordable price. This 1871 sq foot, 3 bed, 2 bath home comes with standard features to include granite countertops, vinyl plank flooring, stainless steel appliances and soft close cabinets, LP siding and trex decking. You choose the finishes and upgrades can be made as well. Other floor plans are available and may change the price. This is a lot and build package, purchase the lot for $115,000 and then contract with a builder for $590,000 for the build. We have lenders to facilitate the construction loans. Build time is 12 months from HOA approval.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017