1606 PINECREST Drive
About This Property
The heart of the home is the updated kitchen, featuring dual quartz-topped islands, soft-close maple cabinets, and top-of-the-line GE Profile appliances. Designed for convenience and style, the space includes a pot filler, Insta-hot faucet, smart refrigerator, and plenty of storage with custom cabinetry. Coretec waterproof luxury vinyl plank flooring, upgraded 5-inch baseboards, and freshly painted interiors create a cohesive and elegant atmosphere.
The spacious primary suite offers a private sitting room with French doors and a spa-like bathroom with a no-step double shower, walk-in tub, and quartz countertops.
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | $640,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | |||
| Jul 28, 2011 | Sold | ||
| Sold | |||
| Mar 28, 2011 | Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | $257,500 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017