3202 Pine Run Drive
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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.
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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 19, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by Martha Turner Sotheby's International Realty | $400,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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EXCEPTIONAL LOCATION! Updated 2-story home on a huge culdesac lot with an oversized backyard with a pool in the family-friendly community of Louetta Lakes. Two-story entrance with an open floor plan, featuring 4 bedrooms, den/game room, 3 ½ baths. Large kitchen with eat-at bar, stainless steel appliances, 42” cabinet, and granite countertop. Huge master bedroom with separate tub/shower and large walk-in closet. Secondary bedroom with new en suite bath. Spectacular backyard with large and expansive covered patio, pool, lights, and best of all, "no back neighbor". Louetta Lakes is the perfect combination of privacy, seclusion, and a convenient lifestyle! Zoned to award-winning Klein schools and a Low tax rate for the area. Community amenities include a 4-acre fishing lake, a 5-acre park with a swimming pool, and tennis & basketball courts. NEVER FLOODED! Easy access to major thoroughfares – Grand Parkway, I-45, Beltway 8, Hardy Toll Road, 15 minutes to Exxon Mobil Campus.
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About Louetta Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017