4977 Pine Street #LOT60
About This Property
Step onto your inviting covered front porch and enter into the heart of the home, where a spacious open floor plan awaits. The living room beckons with a cozy corner fireplace featuring gas logs, perfect for chilly evenings ahead. Adjoining the living room is an elegant formal dining room adorned with desirable chair railing and wainscoting, creating an atmosphere of sophistication.
The kitchen is a chef's paradise, featuring granite countertops, an oversized island illuminated by stylish pendant lights, and a ceramic tile backsplash that adds a touch of elegance. Soft close doors grace the cabinets, while a spacious pantry and three stainless steel appliances ensure functionality meets style.
The charming master suite boasts a trey ceiling and leads to a master bath showcasing a 5' shower with ceramic tile walls and cultured marble countertops throughout all bathrooms. The expansive walk-in closet provides ample storage for your wardrobe. Convenience awaits as you enter from the 2-car garage, where a convenient drop zone awaits for unloading heavy grocery bags or storing essentials. Step outside to your patio
an ideal setting for entertaining guests or relaxing after a long day. Plus, enjoy the benefit of no city taxes in this convenient location near I-95 and US Highway 64.
Don't miss out on this exceptional opportunity! Schedule your tour today and envision the lifestyle you've been dreaming of in Magnolia Estates!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 26, 2025 | In contract | - | |
| In contract | |||
| May 18, 2025 | Price Decreased |
$329,900
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Mar 31, 2025 | Listed by Adams Homes Realty- NC Inc | $332,900 | |
| Listed by Adams Homes Realty- NC Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017