31459 Pinyon 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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | No longer available | - | |
| No longer available | |||
| Nov 5, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Sugar Land | $159,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Sugar Land | |||
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This beautiful corner lot has a lot of mature trees and is ready for your touch of creativity. There is a 900 Sq foot metal building with a patio on the property that can be used as a small home or workshop. There's also plenty of room to build a new custom home! Buyer should verify all information.
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| Oct 14, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Sugar Land | $159,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Sugar Land | |||
| | |||
|
This beautiful corner lot has a lot of mature trees and is ready for your touch of creativity. There is a 900 sq foot metal building with a patio on the property that can be used as a small home or as a workshop. There's also plenty of room to build a new custom home! Buyer should verify all information. Existing owner owns this lot and the lot next to it. Septic is currently shared. A septic system will need to be installed. According to the owner, the property currently has a well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017