211 Pine Drive
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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.
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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 13, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Listed by RE/MAX Revolution | $789,000 | |
| Listed by RE/MAX Revolution | |||
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BUILT IN 2022, This gorgeous waterfront home is ready for you to enjoy the boating season, situated in the desirable Glen Cove section of Bayville siting on a deep-water lagoon with newer vinyl bulkhead & a straight run to the open bay. The ground level features a welcoming foyer, 1-car garage, & storage. The open-concept main level features a kitchen with quartz countertops, dining/living area with gas fireplace, crown molding, and recessed lighting, bedroom and full bath. Upstairs offers a spacious primary suite w/ master bathroom tiled shower, double vanity, walk-in closet, and private balcony, along with two additional bedrooms and laundry room. Close to many dock & dine options like MJ's Restaurant Bar & Grill. Close to Tices Shoal a popular, shallow anchorage and party spot.
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| Jul 8, 2025 | Price Decreased |
$799,000
↓ $36K
(4.3%) | |
| Price Decreased | |||
| Apr 14, 2025 | Listed | $835,000 | |
| Listed | |||
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Welcome to 211 Pine Drive, a stunning 4-bedroom waterfront home in Bayville's sought-after Glen Cove section—perfectly timed for boating season. The ground floor offers a foyer, one-car garage, and storage for water toys and furniture. The main level features an open-concept kitchen with quartz countertops, a spacious dining area, and a living room with a gas fireplace, crown molding, and recessed lighting. A bedroom and full bath on this level add flexibility. Upstairs, the primary suite includes a walk-in closet and a bath with tiled shower and double vanity. Two additional bedrooms and a laundry room complete the upper level. Located on a deep lagoon with vinyl bulkhead and quick, bridge-free access to the bay. Book your showing today!
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean
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Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 22118177
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