3661 Pine Meadow Ave
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 20, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Home Love Colorado | $899,999 | |
| Listed by Home Love Colorado | |||
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Welcome to your dream small acreage property, that is just a short drive from both Parker and Elizabeth! This one owner, walk-out ranch home has everything you are looking for, and yes, you could even build an exterior building here too. Move right in because the list of recent updates is impressive, and includes updated bathrooms, new roof & gutters, new interior & exterior paint, new basement carpet, and new appliances. This property offers 3 conforming bedrooms, but the room being used as a gym can easily be converted to a 4th conforming bedroom (septic report confirms system allows 2 more bedrooms). The dedicated office offers a wonderful oasis for the remote worker, or turn this large room into a 5th conforming bedroom. You will love the easy-living layout with large kitchen that is open to the dining and living space, with access to your peaceful backyard. The large basement rec room is the perfect place to cozy up for a movie night, or host family and friends! Each floor features a pellet stove, perfect for staying cozy in the cold months and heating the house. The 3-car garage is fully insulated, drywalled, and the heater will stay. Outside, you will find garden beds ready for use, fully fenced HUGE yard, along with a perfect spot for a firepit setup. This property is set back from the street in an optimal way, providing for a private sanctuary to make your own. Take a look at the 3D tour, and don't miss your chance to come experience this fantastic property in person!
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| Nov 4, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017