25511 Pipestem Drive
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%.
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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 |
|---|---|---|---|
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2021 | Listed by Area Pro Group North Lake | $299,900 | |
| Listed by Area Pro Group North Lake | |||
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Country charm exudes from this adorable “true” farmhouse, situated on 1.54 GORGEOUS ACRES! Nestled on a lovely, wooded lot in the highly-sought country community of Clear Creek Forest, this fully fenced, gated property abounds w/all the quiet & peaceful, sights & sounds of nature. Upon entering the charming home, you'll find a comfortable living space complete w/island kitchen, dining room, 4 spacious bedrooms (or 3 bedrooms upstairs + study downstairs) & 2 full baths. The opportunities are simply endless in making this home your ultimate modern farmhouse for all the DIY enthusiasts. Recent updates include NEW ROOF, dishwasher, & stove in 2020, w/a NEW SEPTIC installed just last month. Conveniently located just outside of Old Magnolia & within short walking distance of the community park, large pool, & pond, you will truly have the best of both worlds. Bring your horses, chickens, & “laid back” lifestyle to this country charmer. Come tour quickly as this one WILL GO FAST!
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| Aug 6, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2020 | Listed by Coldwell Banker Realty | $245,000 | |
| Listed by Coldwell Banker Realty | |||
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Come enjoy the peaceful setting of your country farm home on 1.5 acres. laminate wood floor on the entire 1st floor with tile in full bathroom. 4th bedroom is downstairs or could be used for home office. 3 additional bedrooms upstairs. Fully fenced in and ready for horses.. Carport is on slab and home has a gated driveway. Roof was replace June 2020.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017