5980 S PINE TREE POINT
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 |
|---|---|---|---|
| Dec 24, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by KELLER WILLIAMS REALTY-ELITE P | $345,000 | |
| Listed by KELLER WILLIAMS REALTY-ELITE P | |||
| Nov 3, 2025 | Listed by Keller Williams Realty - Elite Partners II | $345,000 | |
| Listed by Keller Williams Realty - Elite Partners II | |||
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Life takes you on adventures — love brings you home. Welcome to this charming 3-bedroom, 3-bathroom residence offering 1,883 sq. ft. of living space, perfectly situated on 2.52 acres for only $345,000! Built in 1978, this well-maintained home boasts numerous updates and a spacious, flexible layout. Interior features include an updated kitchen and bathrooms, a cozy wood-burning fireplace, both living and family rooms, den/office space, dining area, interior laundry room, blinds, crown molding, and an inviting owner’s suite with a walk-in closet. The exterior offers even more to love: a durable metal roof, fully fenced yard, front covered porch, Florida room, a brand new drain field/septic tank, and plenty of room to add a pool or additional outbuildings — all with no HOA or deed restrictions. Homes with this much character, land, and privacy do not come along often. Top this off w/a FREE one year home warranty. Don’t miss your chance — schedule your showing today and did we mention you can bring your horses?!
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| Mar 1, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017