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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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Corey Nabors | $720,000 | |
| Listed by Corey Nabors | |||
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Welcome to this exceptional custom-built ranch home nestled in the heart of The Pinery. This residence features a brand new kitchen, a fully finished walkout basement, offering seamless access to a fenced backyard. Step into a stunning kitchen that boasts quartz countertops and a farmhouse-style pot filler sink, perfectly complemented by tall, crisp white cabinets and under cabinet lighting. The extra-large pantry, adorned with a frosted glass barn door, provides ample storage while adding a unique touch. The brand-new stainless steel Whirlpool appliances ensure both style and functionality. High quality luxury flooring on both levels of the home with a cozy fireplace with custom tile surround. An oversized sliding glass door invites you to the wraparound deck, where you can immerse yourself in breathtaking views and observe the local wildlife among the majestic pine trees. French doors welcome you to a generous primary bedroom with an en suite bath, offering a private retreat. The fully finished basement features a versatile bonus space, along with an additional spacious bedroom and full bath, providing ample room for entertaining guests.Bonus with a brand new roof to be put on home and the new owners can paint the home the color of their choice! The Pinery is renowned for its breathtaking vistas of the lush country club golf course, majestic mountain views, and abundant wildlife. This home harmoniously combines modern elegance and natural beauty and stands out as a one-of-a-kind sanctuary in the tranquil surroundings of Parker. Come take a look at this one of a kind home in a one of kind location!
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| Jun 22, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017