5242 Pine Forest Ridge Street
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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 |
|---|---|---|---|
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Keller Williams Premier Realty | $300,000 | |
| Listed by Keller Williams Premier Realty | |||
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Stunning 2-story design in the highly-desired Katy Manor community; minutes from Old Towne Katy & zoned to award-winning Katy ISD schools! Energy star home features beautiful hardwood floors, Ring video doorbell, built-in pest control, upgraded recessed lighting/ceiling fans & much more throughout! Open-concept 1st floor offers spacious family room, breakfast/dining space & Chef's kitchen; boasts large breakfast bar, walk-in pantry, elegant granite counters w/subway tile backsplash, & recent black appliances; including gas oven/range & built-in microwave. Versatile game room upstairs + 3 bright & spacious beds, including Primary Suite w/walk-in closet & private en-suite; offers dual sinks & relaxing tub/shower combo. Impressive sun room w/AC & dual sliding glass doors opening to patio & large fenced backyard w/playset.
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| May 29, 2020 | Sold | ||
| Sold | |||
| Aug 30, 2019 | Listed by Winhill Advisors - Kirby | $209,900 | |
| Listed by Winhill Advisors - Kirby | |||
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Gorgeous move-in ready home in the desirable Katy area. An open floor plan make this home great for entertaining yet still feels like home. Home is newly built and still under the 10 Yr limited warranty. Energy certified home with many energy saving features including doors, windows, and lights. Built in pest control system gives you peace of mind against critters. Custom cabinets and fine finishes throughout the home. Enclosed patio, let's you enjoy the outside in the cool. Loft area upstairs gives you a bonus room for endless possibilities. Large fenced in back yard is great for entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017