32 Pine Tree Dr #32
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 25, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 29, 2025 | Price Decreased |
$879,900
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed | $899,900 | |
| Listed | |||
| |||
|
Luxury meets convenience in this beautifully upgraded home in the Regency at Emerald Pines, a premier 55+ community. Designed for one-level living, it features custom cabinetry, elegant crown molding, and high-end finishes throughout. The gourmet kitchen flows into the dining and living areas, creating a perfect space for entertaining. A finished lower level offers flexibility for a media room, gym, or hobby space. While offering two spacious bedrooms, an additional upstairs room is ideal for guest quarters or a private home office. Set on one of the most private lots in the community, the outdoor space provides a tranquil retreat. Residents enjoy resort-style amenities, including a pool, pickleball and tennis courts, putting green, bocce, yoga studio, and clubhouse. Don’t miss this rare opportunity to embrace luxury, privacy, and low-maintenance living in one of the area’s most desirable active adult communities!
| |||
| Nov 14, 2023 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2025
|
2 Bed
|
2 Bath
|
2589 ft²
|
$899,900
2 Bed
2 Bath
2589 ft²
|
$870,000
-3.32%
04/25/2025
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
10/05/2023
|
2 Bed
|
3 Bath
|
2589 ft²
|
$799,900
2 Bed
3 Bath
2589 ft²
|
$799,900
11/14/2023
|
Druann Jedrey
Leading Edge Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017