5723 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 |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2024 | Listed by JLA Realty | $185,000 | |
| Listed by JLA Realty | |||
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Come check out this fantastic home with low taxes, low HOA, and no flooding! Built on a solid slab foundation with a new roof placed in 2022. This is a dead end street with minimal traffic. Lake Bonanza is currently renovating their 9 hole golf course, set to open in 2025. There is a community pool with a newly installed splash pad for the kiddos. The community center room can be reserved/rented for family celebrations or holidays. We all know how hard it is to find a good house under 200k! Zoned to MISD and move in ready!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017