7923 Pine Tree Lane
About This Property
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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.
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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 26, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$2,495,000
↓ $95K
(3.7%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed by Brown Harris Stevens of PB | $2,590,000 | |
| Listed by Brown Harris Stevens of PB | |||
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Experience luxury living at its finest in this newer construction, solid-concrete two-story residence, over 5,300 sq. ft. under air & more than 7,000 sq. ft. total. Built 7 years ago, NO HOA neighborhood! This exquisite home showcases timeless Italian-Mediterranean architecture with elegant railings and meticulous craftsmanship throughout.
Enjoy breathtaking water views from nearly every room. The current floor plan features five spacious bedrooms, including two master suites on the second floor, with the flexibility to easily convert into a six-bedroom home if desired.
Designed for both everyday comfort and entertainment, the home includes a chef's kitchen with a large walk-in pantry, laundry rooms on both levels, and ample storage, including a dedicated area off the garage perfect for paddleboards, surfboards, fishing gear, and more.
A truly exceptional property for those seeking space, style, and serenity on the water in Lake Clarke Shores, this one will not disappoint.
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| Oct 11, 2016 | Sold | ||
| Sold | |||
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About Lake Clarke Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017