5610 Pine Arbor Drive
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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%.
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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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Compass RE Texas, LLC - The Woodlands | $420,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
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Welcome to 5610 Pine Arbor, where luxury meets comfort in this spacious 5 BR, 3.5 BA haven. With 3,769 sq ft of living space & a total lot size of 9,360 sq ft, this home offers room to roam & space to spare. Step inside & be greeted by the grandeur of high ceilings & gleaming hardwood floors. The first & second floor family rooms provide ample space for entertaining, while 2 wet bars add a touch of elegance to your gatherings. The kitchen boasts SS appliances & granite counters, making meal prep a breeze. The primary suite is located on the 1st floor & provides 2 walk-in closets, dual vanities + spa-like oversized shower! Outside, the private outdoor space beckons w/a refreshing pool & spa, perfect for unwinding on sunny Texas days. With recent roof & HVAC updates, you can enjoy peace of mind & worry-free living. Located in an established community, this home offers the perfect blend of tranquility & convenience, w/shopping & restaurants nearby. Low 2.03% tax rate & zoned to Klein ISD!
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About Greenwood Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017