33
Map
27687 Pine Grove Trl
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 |
|---|---|---|---|
| Oct 2, 2026 | Listed | $350,000 | |
| Listed | |||
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$295,000
↓ $30K
(9.2%) | |
| Price Decreased | |||
| May 23, 2025 | Listed by Coldwell Banker Realty 28 | $325,000 | |
| Listed by Coldwell Banker Realty 28 | |||
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Nestled in the peaceful and highly sought-after Apache Springs Neighborhood, this exceptional 2.29-acre parcel offers a rare opportunity to build your dream mountain home with major improvements already in place. Enjoy the privacy and serenity of mountain living while being just minutes from modern conveniences and breathtaking outdoor recreation.
This beautifully wooded lot is truly ready for development. A high-producing private well is already drilled, and a fully-installed 4-bedroom septic system with leach field ensures your future home is ready for occupancy. Electricity is available on the lot, eliminating the hassle and cost of bringing in utilities. A 400-foot driveway has been professionally carved in, providing easy access and setting the stage for your custom build. This lot is zoned MR-1, offering the ability to construct horse amenities and keep many types of other animals on site.
Located in close proximity to the picturesque Flying J Ranch Park-offering miles of scenic hiking, biking, and equestrian trails-you'll have endless opportunities for outdoor adventure just steps from your doorstep. Additionally, this prime location is only a 5-minute drive to Aspen Park, where you'll find shopping, dining, and all the amenities you need.
With its combination of existing infrastructure, stunning natural surroundings, and unbeatable location, this 2.29-acre parcel is a true gem in the foothills. Don't miss your chance to create something special in one of the area's most desirable communities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017