745 Pinecrest Drive
About This Property
The moment you walk in, you're greeted by towering floor-to-ceiling windows framing breathtaking views and a grand stacked stone fireplace that commands attention. The open main level is perfect for entertaining, featuring a massive dining space, a light-filled living room, and a chef-friendly kitchen. The master ensuite offers direct deck access!
Upstairs, three spacious bedrooms and two full baths are connected by a dramatic catwalk overlooking windows on both the front and back of the cabin. Bathrooms feature timeless tile showers for a spa-like touch.
The lower level is built for fun, with a game room, theater, and wet bar with mini fridge. Step outside to two sprawling decks designed for unforgettable gatherings, complete with gas hookup for BBQs. Parking will be a breeze with the massive concrete driveway offering plenty of space for guests. The cabin's light and airy design blends modern comfort with timeless mountain charm-creating a property guests and owners will never forget.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 28, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Century 21 MVP | $1,649,000 | |
| Listed by Century 21 MVP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017