1488 Pine Street
About This Property
Inside, the kitchen serves as the centerpiece of the home with granite countertops, a large center island with stainless steel sink, soft-close white shaker cabinets, stainless steel appliances, and a stylish hexagon tile backsplash. The main living areas are finished with wood-look tile flooring and recessed lighting, creating a bright, inviting space that flows seamlessly from kitchen to dining to living room.
The spacious primary suite includes a walk-in closet, plush carpeting, and a beautifully finished bathroom with granite double vanity and a sleek glass walk-in shower. Three additional bedrooms provide flexibility for guests, family, or a home office. A full guest bath and an additional half bath offer extra convenience for busy households.
Step outside to a fully fenced backyard with a large covered patioideal for outdoor dining or relaxing in privacy. The oversized two-car garage features a clean, finished interior with attic access, and the interior laundry room is outfitted with upper cabinetry for added storage. A charming covered front porch adds to the curb appeal. Located minutes from Eglin AFB, top-rated schools, and the Emerald Coast's beautiful beaches, this home delivers the ideal blend of quality, comfort, and convenience.
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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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Price Decreased |
$518,900
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jan 15, 2026 | Price Decreased |
$519,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$524,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017