47 Pinehurst Drive
About This Property
This beautifully renovated 3-bedroom, 1.5-bath raised ranch is located in the highly desirable Atlantis section, perfectly positioned on the 15th fairway of the Atlantis County Golf Course - ensuring privacy and stunning views with no homes ever built behind you.
Step inside to find a bright, open layout with a modern kitchen featuring a center island and pantry, perfect for everyday living and entertaining. The home offers excellent storage throughout, including spacious bedroom closets, an entry coat closet, and a convenient linen closet.
Additional highlights include an on-demand hot water system, ceiling fans, and fresh paint throughout. The raised elevation not only keeps flood insurance costs low but also provides generous extra storage space in the high crawl area.
Enjoy outdoor living in the private, fenced yard complete with a fire pit and large deck ideal for relaxing or gathering with friends and family. A two-car attached garage completes this move-in ready home.
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Keller Williams Preferred Properties,Ship Bottom | $439,990 | |
| Listed by Keller Williams Preferred Properties,Ship Bottom | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017