401 PINE DRIVE
About This Property
Inside, the home features a brand-new roof, a fully remodeled kitchen with sleek new countertops and cabinetry, and stylishly updated bathrooms designed for both comfort and elegance. Every detail has been thoughtfully upgraded, offering a seamless blend of modern design and everyday functionality.
Located just minutes from top-rated schools, a nearby golf course, major highways, shopping, and dining, this home delivers the lifestyle you've been looking for-without the restrictions of an HOA.
Don't miss this rare opportunity to own a turnkey property with a large private lot in one of Sanford's most desirable areas!
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Decreased |
$369,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed by LPT REALTY, LLC | $375,000 | |
| Listed by LPT REALTY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017