7813 Pine Tree Lane
About This Property
and move-in ready. Completely remodeled over the past few years this home now features two bedrooms and three bathrooms
with full impact rated glass windows and doors. The oversized primary suite has been reimagined with a massive walk-in closet and
stunning bathroom. The guest quarters are not to be missed either featuring a generous ensuite and a beautiful bathroom. The home
itself highlights multiple living spaces for entertaining, a formal dining space overlooking the stunning patios and the pristine water
in the background. Also completely remodeled, the kitchen comes equipped with quartz countertops and stainless steel appliances.
As a home also incorporates a large, designated laundry, a third full bathroom and utility room. The uber private and lush
back yard highlights the water activities with its resort style pool and wide views of Lake Clarke. The yard also includes a full sized
summer kitchen with built-in grill, multiple covered dining areas, trails of Chicago brick pavers and pristine vignettes, mature architect
designed landscaping, an enormous Tiki Hut with electricity and a covered boat dock with a lift. Close to area beaches, I-95, PBI
Airport, Worth Avenue shopping and fabulous dining. *Home furnishings and boat negotiable after home is under contract.
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Cap Rate Calculator
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, 2023 | Sold | ||
| Sold | |||
| Feb 8, 2023 | Listed by Brown Harris Stevens of PB | $1,395,000 | |
| Listed by Brown Harris Stevens of PB | |||
| Jan 9, 2017 | Sold | ||
| Sold | |||
| Nov 15, 2016 | Listed by Brown Harris Stevens of PB | $599,000 | |
| Listed by Brown Harris Stevens of PB | |||
| Jun 6, 2013 | Sold | ||
| Sold | |||
Property Highlights
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About Lake Clarke Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017