43
Map
518 Pine Dr
About This Property
Thoughtful recent updates throughout the home include two newly installed bathroom vanities, main level bath tile surround, fresh vinyl flooring in the bathrooms, and a striking new fireplace surround with manufactured stone detailing that elevates the wood-burning fireplace at the heart of the living room
The main level features an open-concept floor plan with a spacious living & dining area, a well-appointed kitchen with granite countertops & stainless steel appliances, a full bathroom, & a main-floor bedroom-ideal for guests or multigenerational living. Upstairs, you'll find the primary suite with a full ensuite bath and second bedroom, both offering stunning mountain views to wake up to.
The finished walk-out basement provides additional living space, including a large family room perfect for movie nights, a fourth non-conforming bedroom (septic rated 3 Bedroom/6 people), & a utility room that includes a 400-gallon water storage tank-ideal for mountain living.
Step outside to the back patio,perfect for entertaining, with space to relax & enjoy the mountain air. Raised garden beds are thoughtfully covered to be protected from local wildlife, & natural rock outcroppings add to the charm. The gently sloped front yard features a grassy area ideal for outdoor games.
Exterior features include a durable metal-framed attached carport, RV/trailer parking, and a 10x12 wooden storage shed. The property's location offers added convenience, as the end of the driveway is adjacent to the school bus stop, & the road is maintained as part of a county school bus route-meaning quicker snow removal & easier year-round access.
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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 |
|---|---|---|---|
| Aug 13, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$590,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jun 29, 2025 | Relisted | $599,999 | |
| Relisted | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017