63320 Pinyon Drive
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 |
|---|---|---|---|
| Jan 22, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | Price Decreased |
$749,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Nov 11, 2022 | Price Decreased |
$759,000
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Aug 14, 2022 | Listed by Compass | $789,000 | |
| Listed by Compass | |||
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Four bedroom, three bath, fully fenced 3.2 acre horse property within 20 minutes of El Paseo. The home is light, bright and features an open floor plan with panoramic mountain views, great room, family room, dining area, vaulted wood ceilings and a three car garage. The kitchen has been recently remodeled with slab quartz counter-tops, gas range, dishwasher, and a microwave-convection oven, It also features two walk-in pantries, large kitchen island and plenty of storage. The home is equipped with a whole house Generac generator that has it's own 499 gallon propane tank. whole house water treatment and soft water system. A 5 ton heat pump/condensing unit and 5 ton flow air handler was installed in July of 2019. Roof has been replaced in 2022. New windows installed August of 2019. The acreage is flat usable space with 2 barns (1 currently being used for storage) , arena, wash rack and the ability to go out your gate and ride to the trails. The manager has listed the unit size as 2452 square feet.
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| Nov 9, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017