7504 Pine Tree Lane
About This Property
Welcome to this beautifully renovated CBS home located in the highly sought-after municipality of Lake Clarke Shores. This residence features a new roof, HVAC system, and impact windows for peace of mind and energy efficiency. The modern white kitchen boasts quartz countertops, top-of-the-line stainless steel appliances, and overlooks a spacious family and entertainment area-perfect for gatherings.
The family room opens to a large, fenced backyard with an open patio, ideal for outdoor entertaining and relaxation. Both bathrooms have been updated to the highest standards, showcasing quality finishes throughout. Additional highlights include plantation shutters, brand-new laminate flooring, a spacious two-car garage, and ample driveway parking, inside laundry room and room for a pool complete 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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 5, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Dec 1, 2025 | Price Decreased |
$729,000
↓ $46K
(5.9%) | |
| Price Decreased | |||
| Oct 29, 2025 | Listed by Florida Professional R.E. | $774,950 | |
| Listed by Florida Professional R.E. | |||
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About Lake Clarke Shores
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Florida Professional R.E.
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R11136160
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Address: 335 Madison Avenue, New York, NY 10017