2516 PINE TREE DRIVE
About This Property
The spacious primary suite offers a relaxing retreat, while two additional bedrooms provide flexibility for guests, work-from-home needs, or hobbies. Property features a split floor plan. All bedrooms complete with their own walk in closets. Both bathrooms are thoughtfully designed with clean, modern finishes and accent lighting that feels luxury.
An enclosed laundry room adds convenience and functionality, and the sunroom creates the perfect bonus space for enjoying natural light year-round, ideal for morning coffee, reading, or additional living space overlooking a beautiful fully fenced back yard.
New (2025) roof, modern aesthetic, and versatile living spaces, this property offers both style and practicality in one cohesive package.
Situated near US-1 and I-95 for easy commuting, this home is also close to local parks, boat ramps, waterfront access, shopping, dining, and outdoor recreation. Whether you enjoy boating, beach days, or exploring the waterways, this Edgewater location places you near it all.
If you are searching for: Homes for sale in Edgewater FL, 3 bedroom homes near New Smyrna Beach, Florida homes with a sunroom and bonus space or office space, or homes with No Flooding History- this is the one.
This property offers the ideal blend of updates, location, and lifestyle.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017