6316 Mountain Pines Lane
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Listed by eXp Realty LLC | $199,000 | |
| Listed by eXp Realty LLC | |||
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Beautiful one-story with Brand New Roof, featuring 2-bedroom, 2-bathroom home offers practical living space. The open living and dining area is ideal for entertaining, while the kitchen features rich wood color cabinets, spacious countertops, standard appliances, with a walk-in pantry and ample storage space. The primary bathroom equipped with a single vanity and a tub/shower combo, perfectly suited for convenience and functionality. Enjoy the convenience of rear parking with a paved brick walkway leading from the garage to the house. BRAND NEW ROOF. Located in a quiet neighborhood with easy access to I-10 and the Grand Parkway (TX-99), and close to shopping, restaurants, and Katy Asian Town, this home offers both comfort and convenience. Don’t miss out—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017