4840 Pine Tree Drive
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by RE/MAX Direct | $649,000 | |
| Listed by RE/MAX Direct | |||
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Charming ranch-style home nestled in the VILLAS OF PINETREE within the prestigious Pine Tree Golf Club—no equity fees and no club membership required! This 3-bedroom, 2-bath, 2-car garage home features a desirable split-bedroom layout, and an open floor plan with vaulted ceilings. Situated on a quiet cul-de-sac, it offers a private backyard surrounded by mature landscaping. The home is ready for your personal touch, and the community boasts low HOA fees.
| |||
| Sep 13, 2013 | Sold | ||
| Sold | |||
| Jul 23, 2013 | Listed by Coldwell Banker Realty /Delray Beach | $209,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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About Equestrian
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 3 Beds
- 2 Baths
- 2,489 ft²
$10,000 /mo
- 5 Beds
- 4 Baths
- 5,514 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017