5704 Pinehurst Drive
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 12, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Relisted | $155,000 | |
| Relisted | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Listed by JLA Realty | $155,000 | |
| Listed by JLA Realty | |||
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Nestled in a charming lake community near Lake Conroe, this 2 bed, 1 bath cottage boasts a private lake for kayaking and fishing. Enjoy sunset views from the sunroom or convert the red shed into your personal oasis. With refinished countertops, laminate floors, a solid slab foundation, and fully fenced yard, this home is perfect for you and your pup. Located in the MISD school district with low taxes and HOA fees. Less than 10 minutes from urgent care and 5 minutes from retail. Stay dry with a metal roof and look forward to a 9-hole golf course to be open in 2025. Community pool for members only. No other community like this!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017