432 N PINE MEADOW DRIVE
About This Property
From the moment you arrive, the expansive homesite and corner positioning create a sense of openness and privacy that is hard to find. Inside, you'll find soaring ceilings and a light-filled interior that enhances the home's spacious feel. The layout features defined living and dining areas, complemented by a cozy wood-burning fireplace that serves as a warm focal point for gatherings.
The kitchen offers solid surface countertops and ample cabinetry, blending functionality with timeless appeal. A split-bedroom floor plan provides privacy, while the primary suite offers a quiet retreat. The home's layout reflects its era with traditional spaces, yet provides a solid foundation for modern updates if desired.
Step outside to a fully fenced backyard with endless potential-perfect for entertaining, pets, or simply enjoying the outdoors. The oversized lot provides room to expand, garden, or create your own private oasis. Two detached storage buildings, including a workshop space, add versatility for hobbies, tools, or additional storage.
Located within a golf community setting, residents enjoy scenic surroundings with mature landscaping and a relaxed atmosphere. While the golf course is public, it enhances the neighborhood's appeal. Conveniently positioned near shopping, dining, parks, The SunRail and major roadways including I-4, this location offers easy access to Orlando, Lake Mary, and the beaches.
Outdoor enthusiasts will appreciate proximity to Gemini Springs, Blue Spring State Park, the St. Johns River, and numerous walking and biking trails, making this area ideal for those who enjoy an active lifestyle.
With its combination of lot size, location, and potential, this property presents a unique opportunity to create something truly special in one of DeBary'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 |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Apr 9, 2026 | Relisted | $349,900 | |
| Relisted | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017