8603 Lofty Pines
About This Property
The home has a dramatically spacious master suite wing on the first floor which runs the entire length of the east side of the home. The Master Bath has everything you could ever need and then some including a large walk in shower with a rain shower head and bench seat, an oversized free standing tub, an extra long floor to ceiling double vanity, a private water closet, and finally a full sized linen closet. As you enter the master closet, you will instantly notice space designed specifically for ultra convenience – your very own laundry space.
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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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Price Decreased |
$1,330,000
↓ $70K
(5%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed by Keller Williams Premier Realty | $1,400,000 | |
| Listed by Keller Williams Premier Realty | |||
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Set on a full acre, this estate property transforms everyday family life into an extraordinary experience. Inside, the open entertainer's kitchen flows seamlessly into versatile gathering spaces including a grand room, formal dining area, and dedicated game room—creating the perfect backdrop for both intimate family dinners and lavish celebrations. The thoughtful design truly shines in its indoor/outdoor integration. Morning coffee on the covered patio becomes a refreshing ritual surrounded by mature trees, while weekend gatherings expand effortlessly from the interior to the outdoor kitchen, fireplace, and pristine pool area. Summer days center around poolside relaxation, while cooler evenings bring family and friends together around the outdoor fireplace. This estate transcends being merely a residence—it's a canvas for crafting memorable experiences, from milestone celebrations to quiet family moments, all within a setting that balances refined elegance with genuine livability.
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| Feb 11, 2021 | Sold | ||
| Sold | |||
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About Fort Bend
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Last Updated: 4 months ago
Data Source: HAR , MLS# 78663581
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017