401 Pegasus Ridge
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 4, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by MAGNOLIA REALTY | $1,000,000 | |
| Listed by MAGNOLIA REALTY | |||
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Feb 5, 2023 | Listed by Berkshire HathawayHS PenFed TX | $920,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Stunning custom home situated on a premium 0.348 acre corner lot in the exclusive 5T Ranch community. Home features impressive open concept living with ample natural light, plantation shutters, gorgeous wide plank wood floors, vaulted ceilings with wood beams and a beautiful wall of windows overlooking the backyard, perfect for entertaining. Kitchen boasts oversized island with breakfast bar seating, gas cook top, double oven, custom cabinetry, and stainless steel appliances. Work from home in the spacious private study with french doors. Downstairs features guest suite with full bath. Spacious primary suite with spa inspired bath and large walk-in closet. Up the split stairs, you are greeted with generous size game room and 2 additional bedrooms with bath. The large covered patio is set up for gorgeous sunsets with family and friends. 3 car garage. Highly acclaimed Argyle ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017