6319 Pineshade Lane
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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 |
|---|---|---|---|
| Mar 22, 2021 | Sold | ||
| Sold | |||
| Feb 19, 2021 | Listed by Martha Turner Sotheby's | $399,000 | |
| Listed by Martha Turner Sotheby's | |||
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Located on the highly sought after western side of the 11th street park on just under 8200 sq.ft. lies a tremendous opportunity to build your one story dream home! Contact your agent or listing agent for details on why home is not habitable. No previous flooding and not in the 100 year flood zone. Fabulous location zoned to Sinclair Elementary, which is easily walkable. Also located easy distance to the bayou bike trails. Timbergrove is located just west of the Heights, inside the loop with great access to the Heights/Shady Acres restaurants and nightlife as well as great access to major freeways. 11th street park is a 20+ acre urban oasis park that for nearly two decades has been used as a park and functioned as a permanent nature preserve.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017