4250 PINE ISLE DRIVE
About This Property
The home was recently updated with a new Carrier 3.5 Ton Air Conditioner and Furnace, a full professionally painted interior, offering a modern and bright living space and other updates that make this home move-in ready for your enjoyment.
The spacious living room showcases vaulted ceilings and sliding glass doors that fill the space with natural light and provide inviting views of the patio and backyard. A separate dining area offers the perfect setting for everyday meals or entertaining guests. The kitchen is designed for both convenience and comfort, featuring an abundance of cabinetry, granite countertops, a cozy dinette area, and an adjacent sitting room-ideal for casual gatherings or relaxing at home. The private primary suite offers a peaceful retreat with a walk-in closet and an en-suite bathroom complete with dual sinks and a walk-in shower. Other notable details include updated vinyl floors in most of the house, the backyard oasis has room for a pool and enjoy the covered lanai with Spanish tile. Ideally located within the sought-after Steinbrenner school district and walking distance to Calusa Trace elementary, a high rated school, park, bike path and just minutes from shopping, dining, and major highways, this home offers both comfort and convenience in a prime location
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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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| May 3, 2026 | Relisted | $429,900 | |
| Relisted | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by COLDWELL BANKER REALTY | $429,900 | |
| Listed by COLDWELL BANKER REALTY | |||
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About Calusa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017