8570 Pine Cay
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | Listed by Re/Max Direct | $450,000 | |
| Listed by Re/Max Direct | |||
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Seller has an assumable FHA mortgage with 3.875% interest rate locked in, $396k balance. Nestled in the highly coveted community of Andros Isle, this stunning 3-bedroom, 2-bathroom home offers the perfect blend of modern comfort and luxury. As you enter, you're greeted by an open and airy ambiance, highlighted by elegant tile flooring and vaulted ceilings that enhance the spacious feel of the main living areas. The heart of the home, the open-concept kitchen, is a chef's dream with solid wood cabinetry, sleek granite countertops, a stylish tile backsplash, and premium stainless-steel appliances, including an under-mount sink. Thoughtful details like upgraded LED recessed lighting add a touch of sophistication. The expansive
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| Mar 7, 2022 | Sold | ||
| Sold | |||
| Dec 22, 2021 | Listed by RE/MAX Direct | $420,000 | |
| Listed by RE/MAX Direct | |||
| Jun 25, 2020 | Sold | ||
| Sold | |||
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About Oakton Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017