215 PINE TREE Trail
About This Property
Crescent Lake is located at the end of Pine Tree Trail, providing convenient access to freshwater fishing, boating and outdoor recreation. The area is known for fishing tournaments, the Catfish Festival, Crescent City Bike Fest and other community events.
The turn-key home features updated windows, new waterproof flooring, LED lighting and an updated bathroom. The kitchen includes a new refrigerator, gas stove, hood and countertop oven/air fryer combination. A new split A/C system and wall A/C units in both bedrooms provide additional cooling.
The property also includes two storage sheds, including an oversized shed with ample room for tools, equipment and a tractor. Community amenities include clubhouse access and a marina on Crescent Lake.
Located in a relaxed Florida lake community with opportunities for fishing, boating, recreation and enjoying the outdoors. Food Market and gas station less than a mile away. Some photos have been virtually rendered.
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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 27, 2026 | Price Decreased |
$139,900
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed by BEYCOME OF FLORIDA LLC | $145,000 | |
| Listed by BEYCOME OF FLORIDA LLC | |||
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by CENTURY 21 TRITON REALTY | $37,500 | |
| Listed by CENTURY 21 TRITON REALTY | |||
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WOW! HOME FOR SALE! INVESTOR ALERT! IN LAKE CRESCENT ESTATES!! THIS 2 BED/1 BATH ''WOLVERINE'' MOBILE HOME IS ON A NICE OVER SIZED LOT TOTALING 0.42 ACRE. SAVE BIG!! SEPTIC & WELL ALREADY ON PROPERTY! 2 BIG OAK TREES ON EACH SIDE OF CEMENT DRIVEWAY SHADES THE HOME. THE HOUSE NEEDS RESTORATION, OR REPLACE THE HOME WITH NEW MFG HOME ON THIS BEAUTIFUL LAND. THIS PARTIALLY RENOVATED HOME IS SELLING '' AS IS''. IMPROVEMENTS NOT WARRANTED. ZONED R-2 ALLOWS MOBILE HOMES & R-1 HOMES.
LAKE CRESCENT ESTATES SUBDIVISION IS ON CRESCENT LAKE, 3RD LARGEST LAKE IN FLORIDA. ENJOY BOATING & FISHING VIA THE ASSOCIATION'S BOAT RAMP/DOCK & LARGE CANAL. MEMBERSHIP IS $60 PER YEAR. BOAT SLIPS CAN BE PURCHASED IF AVAILABLE. THIS HOME WITH LAND MAY BE A GREAT ECONOMICAL INVESTMENT! GO FISHING & BOATING WHILE ENJOYING COUNTRY LIVING AT LOW COST. THIS PROPERTY IS VERY LOW PRICED TO SELL QUICKLY. SELLER WILL CONSIDER OFFERS. NICE INVESTMENT! SUPER OPPORTUNITY! CALL NOW!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017