541 NW Pine Sap Place
About This Property
Located in the desirable Jensen Beach Pines Community, this 3 bedroom/2 bath over 2,000 sq foot open concept split bedroom layout has an updated master bathroom with large walk-in shower and walk-in closet. Wide open living spaces with room for a formal dining room, family room, kitchen bar seating and formal kitchen dining areas. Two nice sized bedrooms separated by a full cabana bathroom. The outside area is ideal for optimal Florida living with a huge screened and covered lanai area perfect for dining, lounging and entertaining. Outside the screened area is the in-ground pool and spa overlooking the community lake.
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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%.
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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 |
|---|---|---|---|
| Apr 24, 2025 | Listed | $630,000 | |
| Listed | |||
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Located at the end of a cul-de-sac, with no parking issues for guests, this elegant pool home ideally situated in the highly sought-after community of The Pines, just east of US1. This residence features a thoughtfully designed split-bedroom floorplan, a dedicated office/den, and a well-appointed kitchen that seamlessly accommodates both everyday living and entertaining. The expansive outdoor area includes a screened pool and a tranquil view of the adjacent pond/lake, offering the perfect blend of comfort and natural beauty.
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| Mar 18, 2025 | No longer available | - | |
| No longer available | |||
| Jan 31, 2025 | Price Decreased |
$590,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jan 7, 2025 | Price Decreased |
$595,000
↓ $80K
(11.9%) | |
| Price Decreased | |||
| Dec 6, 2024 | Listed | $675,000 | |
| Listed | |||
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A must see lovely house, in the The Pines. It has a low HOA fee. Nestled on a quiet cul-de-sac & backing to a serene nature preserve this CBS home features complete storm protection for windows & doors, a POOL with a nice patio and a lagoon in the back. The triple-split floor plan is thoughtfully designed and offers privacy & functionality. The home features 8 ft. ceilings, tile barrel roof & paver drive. The master suite has a walk-in closet, a spa-like shower with glass door, modern vanity & patio access. Two additional bedrooms on the opposite side. The bright kitchen, with granite tops & stainless steel appliances, overlooks the family room and the tropical outdoor oasis. The small refrigerator is included in the sale. Enjoy the beach minutes away. Seller is motivated to sell!
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About Stuart
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Redfin Corporation
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10830450
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