45
Map
5718 Pine Arbor Drive
About This Property
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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.
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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 11, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by LPT Realty, LLC | $325,000 | |
| Listed by LPT Realty, LLC | |||
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by BHGRE Gary Greene | $245,000 | |
| Listed by BHGRE Gary Greene | |||
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INVESTMENT OPPORTUNITY: SOLD AS-IS; NEEDS HVAC AND SOME SIDING
Welcome to 5718 Pine Arbor Dr., a charming fixer-upper located in the desirable neighborhood of Greenwood Forest. This home offers a unique opportunity for those who are willing to put in some effort and creativity to transform it into their dream home. It sits on a spacious 8,932 sq. ft lot, offering ample space for gardening and outdoor activities with a pool to enjoy in the summer. The exterior of the home showcases a classic brick facade that, with a little TLC, can be restored to its former glory. The layout of the home includes a generous living room with a brick fireplace and a spacious kitchen with granite countertops and maple cabinetry. The downstairs master bedroom and bathroom are ready for a dash of vision to be transformed into a relaxing and luxurious area. There are 3 bedrooms upstairs with an additional room that could be a media or game room for your entertainment.
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About Greenwood Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017