1855 PINE TREE DRIVE
About This Property
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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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by OCEAN PROPERTIES & MANAGEMENT | $295,000 | |
| Listed by OCEAN PROPERTIES & MANAGEMENT | |||
| Jul 11, 2025 | Price Decreased |
$308,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Apr 9, 2025 | Listed | $318,000 | |
| Listed | |||
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Charming 3 Bed, 2 Bath Home in Florida Shores - Fully Remodeled. Welcome to your dream home in the desirable Florida Shores community! This 3-bedroom, 2-bathroom residence has undergone a complete transformation, boasting a contemporary design and modern upgrades throughout. The heart of the home, the kitchen, has been entirely renovated with sleek, modern finishes, Granite counters, white cabinetry, and stainless steel appliances. Enjoy cooking and entertaining in this stylish space equipped with state-of-the-art appliances and ample storage. The entire home features new, Life Proof luxury vinyl plank flooring that adds an elegant touch to each room. Sun tunnels bring in tons of natural light. Spend your days on the enclosed screen room porch enjoying the tranquility of the backyard. The garage floor has recently been refinished. A new A/C in 2024. Situated in the sought-after Florida Shores community, this home offers a peaceful and family-friendly environment. NO HOA! Enjoy the convenience of nearby parks, schools, and shopping, and is a short drive away to the beautiful Florida beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017