5309 Pine Forest 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 |
|---|---|---|---|
| Jan 23, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2022 | Listed by Compass RE Texas, LLC | $2,299,000 | |
| Listed by Compass RE Texas, LLC | |||
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Timeless single owner custom home situated on a beautiful tree lined street in coveted Pine Shadows. Exceptional curb appeal sets the tone for this well maintained residence, elegantly framed by mature oaks and featuring a resort style pool/spa with cascading waterfalls. Boasting elegant dining and living formals, a capacious wood paneled study with wine room, a large game room and hobby room making this a perfect home for everyday living and entertaining. Bright first floor primary suite with classic travertine spa like bath. Inviting kitchen with meaningful updates and stainless steel appliances open to the family room and wet bar, all viewing the pool and lush landscaping. Covered veranda overlooks the backyard oasis, with multiple entertaining spaces and outdoor grill. There is a bonus garage apt, outdoor half bath and ample storage space throughout. Additionally the double wide and extra long driveway offers more space for play and extra vehicles. A must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017