5602 Pine Street
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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by eXp Realty, LLC | $490,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome to this stunning Bellaire-area home that has been transformed with a complete remodel from the studs up. With a New Roof and upgraded Plex Plumbing, this home combines modern features with timeless elegance. Step inside and be captivated by the open floor plan thoughtfully designed to strike the perfect balance between entertainment space and a comfortable work-from-home environment. The kitchen boasts an oversized island with exquisite Quartz countertops, complemented by sleek stainless steel appliances. This stylish home has a versatile office/bedroom option. Secondary bedrooms offer added privacy, with a luxurious primary suite and bath. The backyard is spacious and inviting, with a large covered patio and decking area. This home is conveniently located near an Elementary School, with easy access to the Galleria, Medical Center, and Downtown. With a Low Tax Rate of 2.2%, it's a great opportunity to elevate your lifestyle in the highly sought-after Bellaire area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017