5916 Pine River Lane
About This Property
Loaded with over $35,000 in premium builder upgrades, this home is designed for luxury and convenience. Enjoy professionally landscaped grounds, durable epoxy flooring on the patios and garage, and Cat 6 wiring throughout for seamless connectivity. The tankless water heater ensures endless hot water, while the Builder Sous Chef Kitchen Package elevates your culinary experience with top-tier appliances and finishes. The utility room features a gas-powered dryer, and the home is pre-wired for security cameras for added peace of mind. July inspection report provided upon request.
Step outside to your private oasis or take a short stroll to the community pool at the end of the street, perfect for summer relaxation. This move-in-ready gem combines modern sophistication with unbeatable value. Don't miss your chance to own this upgraded beauty in Marine Creek Ranch!
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Cap Rate Calculator
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 13, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Sep 12, 2025 | Price Decreased |
$465,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 22, 2025 | Price Decreased |
$469,990
↓ $20K
(4.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017