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287 Pine Hill LOOP
About This Property
Discover the perfect blend of natural beauty and convenience with this stunning almost one-acre lot ideally located just minutes from Bastrop State Park and all the shopping, dining, and entertainment that downtown Bastrop has to offer.
This property has already been cleared and partially fenced, with a wonderful mix of tall, mature oak and pine trees creating a serene, park-like setting. With no restrictions, you have the freedom to build your dream home, place a mobile or manufactured home, or create your own private retreat surrounded by nature.
Enjoy the peacefulness of country living with the convenience of town just around the corner. Properties like this-with space, flexibility, and beauty-are rare in such a desirable location. Don't miss your chance to make it yours!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by All City Real Estate Ltd. Co | $119,900 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017