637 Yellow Pine Dr
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%.
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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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Hutton Realty LLC | $615,000 | |
| Listed by Hutton Realty LLC | |||
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Surrounded by stunning mtn views, 637 Yellow Pine Dr in Bailey's Burland Ranchettes stands out as a true gem. Built in 1995 w/ recent updates throughout, 3 XL bedrooms, 2 bathrooms, & abundant natural light pouring through expansive south-facing windows make this home more than desirable. Through the front door, you'll be greeted by a generous living area complete w/ a cozy fireplace & a massive window showcasing stunning mtn views. Adjacent, find the dining rm & functional kitchen. All appliances are just a few yrs old; to complete the kitchen, you'll see butcher block countertops adding warmth along w/ beautiful blue cabinetry. Moving down the hall, find 2 considerable bedrooms & a gorgeous, spa-like, updated bathroom w/ a walk-in shower. The primary bedroom has direct access to the bathroom, double closets, & lots of natural light. Directly off the kitchen & family rm, step onto the spacious deck to enjoy the scenery of your 1-acre lot w/ views of Mt. Bailey & beyond. Travel to the ground level to find an additional large family/bonus rm, full bathroom, utility & laundry rm, 3rd bedroom, & an office space. Additional interior highlights include vaulted ceilings, gleaming hardwood floors, new carpet, & custom built-ins throughout. High-speed fiber internet is transferable to new owners w/ direct sightline access to the tower on Mt. Bailey, making speeds extra fast. The exterior grounds won't disappoint: multiple garden beds, a fenced chicken coop, several parking spaces, a fire pit, & a hot tub space. Don't miss the attached 2-car garage, complete w/ built-in shelving & a Murphy workbench to utilize the space efficiently. Situated ~2 miles off Hwy 285, commuting is convenient & efficient w/o the need to navigate dirt roads (except the last 1/8 mile). This property offers easy access to local parks, playgrounds, & hiking trails up Mt. Bailey, w/ the amenities & recreation of the Town of Bailey just mins away. Don't miss out-schedule your showing today!
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| Sep 8, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed | $450,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017