4731 PINE LAKE Drive
About This Property
Ascend to the second floor to find a thoughtfully designed split floor plan, ensuring privacy and tranquility for all. Offering carpet throughout, a versatile loft/flex space awaits your unique touch, ready to adapt to your lifestyle needs effortlessly. Retreat to the tranquil seclusion of the primary suite, strategically positioned apart from the other bedrooms for ultimate relaxation and rejuvenation.
Outside, a spacious fenced backyard invites you to embrace outdoor leisure and recreation. Additionally, this home boasts a brand new HVAC unit, ensuring year-round comfort and energy efficiency.
Within the Pine Ridge community, amenities such as a clubhouse, playground, and basketball court await, offering endless opportunities for adventure and cherished memories. With its seamless blend of convenience, comfort, and community, this home invites you to embark on a journey of effortless elegance and boundless joy. Welcome home to Pine Ridge.
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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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Price Decreased |
$369,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jun 6, 2024 | Price Decreased |
$379,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Apr 8, 2024 | Listed by COLDWELL BANKER VANGUARD REALTY | $384,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017