Toll Brothers 55+ Townhome with Exceptional Indoor & Outdoor
Living. Welcome to 79 PINE TREE DRIVE, built in 2018 and
beautifully maintained in immaculate condition. Thoughtfully
designed for easy, elegant living, this home offers the rare
combination of single-level living, quality construction, versatile
finished space, and exceptional outdoor enjoyment. The main level
features an inviting open floor plan with a spacious living room
anchored by a gas fireplace, creating a warm and comfortable
setting for everyday living or entertaining. The gourmet kitchen is
beautifully appointed with ample cabinetry, generous counter space,
and a convenient breakfast bar that opens naturally to the living
and dining areas. The impressive primary suite provides a peaceful
retreat, with abundant space and a well-appointed private bath. A
second bedroom and dedicated office offer flexibility for guests,
hobbies, or working from home-all conveniently located on the main
level for true single-level living. Step outside to enjoy an
extraordinary outdoor setting. The screened trex deck provides a
comfortable three-season retreat, while the lower outdoor patio
with gas firepit is perfect for entertaining or relaxing beneath
the stars. Both overlook a private backyard, creating a tranquil
and beautifully secluded extension of the living space. The
finished lower level adds even more versatility, featuring a
spacious family room with walkout access directly to the patio.
Whether used as a media room, gathering space, hobby area, or guest
retreat, this additional finished living space significantly
expands the home's appeal. From the quality and craftsmanship of
Toll Brothers to its pristine condition, thoughtful floor plan,
exceptional outdoor spaces, and effortless single-level lifestyle,
this is a truly special opportunity for those seeking comfort,
quality, and easy living in a 55+ community.
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.
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