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505 Pinnacle DR
About This Property
Step outside and enjoy the exceptional amenities Pinnacle has to offer, including a neighborhood swimming pool, beautiful park and playground, walking and biking trails, and a sport court. Conveniently located near I-35, Downtown Georgetown, shopping, dining, and surrounding areas, this home also benefits from a low 1.81% tax rate. With its thoughtful updates, inviting layout, community amenities, and convenient location, 505 Pinnacle Drive offers an outstanding combination of comfort, value, and convenience.
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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 |
|---|---|---|---|
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by RPM Reliable Prop. Mgmt | $279,000 | |
| Listed by RPM Reliable Prop. Mgmt | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017