66
Map
5857 Lake Pine Road
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| Feb 10, 2024 | Listed by Coldwell Banker Paradise | $1,110,000 | |
| Listed by Coldwell Banker Paradise | |||
| | |||
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2022 constructed home in Bent Pine Preserve golf community. One of the few models with dual-zone a/c. Upgrades include vaulted and coffered ceilings, surround sound, security system, water conditioner w/ reverse osmosis, and wine bar. Gourmet kitchen has double ovens, exhaust hood, waterfall island, and large pantry. Tile flooring, crown molding, impact glass, and quartz counter tops throughout. Golf or social membership with seasonal reciprocals available for additional cost. Community tennis courts, bike trails, and 24-hour gated and guarded security. Amazing lake view. Membership: Golf available, Social Available, Tennis available.
Assumable VA Mortgage at 3.47%
https://www.watsonassociationmanagement.com
| |||
| Sep 6, 2023 | No longer available | - | |
| No longer available | |||
| Aug 14, 2023 | Listed by Coldwell Banker Paradise | $1,110,000 | |
| Listed by Coldwell Banker Paradise | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017