5199 Pine Berry Road
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed | $500,000 | |
| Listed | |||
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SALE INCLUDES 2 PARCELS. PARCEL 1: 05-1N-27-0000-01401-0000. PARCEL 2: 05-1N-27-0000-00105-0000. *Parcel 1 has been re-surveyed and new legal descriptions are in the docs.
An exceptional opportunity awaits with this 10.548-acre corner lot in Milton, offering the ideal setting for development or personal use. Consisting of two connecting parcels, this property provides flexibility for future plans while maximizing the potential of its generous size. Partially cleared and conveniently positioned near I-10, the location combines accessibility with a quiet, natural setting. Whether you envision creating a minor subdivision with multiple lots or building a private estate, the possibilities here are abundant. Zoned for Agriculture or Residential Single, the land supports a variety of uses, gi ving developers, investors, or individual buyers the freedom to bring their vision to life. Its corner placement adds to the appeal, offering excellent access points and design options for future development. This is a rare chance to secure a substantial tract of land in a growing area of Milton, just minutes from major roadways, shopping, dining, and schoolswhile still maintaining the charm of a more rural setting.
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| Aug 13, 2025 | Relisted | $299,000 | |
| Relisted | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017