2404 OLD PINE Trail #1
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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $257,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/25/2025
|
2 Bed
|
2 Bath
|
1132 ft²
|
$257,000
2 Bed
2 Bath
1132 ft²
|
$255,000
-0.78%
07/15/2025
|
Kathy Davenport
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
03/21/2008
| |
2 Bed
|
2 Bath
|
1132 ft²
|
$160,000
2 Bed
2 Bath
1132 ft²
|
-
-
|
TRACY GRIFFIN
RE/MAX SPECIALIST
|
|
08/03/2005
| |
2 Bed
|
2 Bath
|
1132 ft²
|
$152,000
2 Bed
2 Bath
1132 ft²
|
$151,500
-0.33%
09/08/2005
|
PEGGY BAYES
SHORELINE REALTY SERVICES LLC
|
|
05/04/2002
| |
2 Bed
|
2 Bath
|
1153 ft²
|
$108,858
2 Bed
2 Bath
1153 ft²
|
$108,858
02/13/2003
|
KIM COUGHLIN
EAST WEST REALTY
|
Building Info
About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017