48
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8416 Pine Tree Lane
About This Property
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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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$1,300,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Pavon Realty Group, LLC | $1,325,000 | |
| Listed by Pavon Realty Group, LLC | |||
| Mar 26, 2026 | Listed by Johnston Group Real Estate Services LLC | $1,375,000 | |
| Listed by Johnston Group Real Estate Services LLC | |||
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4-bedroom, 3.5-bath recently remodeled waterfront home in Lake Clarke Shores with NO HOA, offering over 2,100 sqft on a 0.26-acre lot. Enjoy canal and lake views with direct navigable access, plus a heated saltwater pool, screened patio, and inviting outdoor space for true South Florida living. The modern kitchen features a large island, gas stove, and dedicated coffee/bar station. A private 4th bedroom with its own bath and separate exterior entrance sits by the pool—ideal for guests or a mother-in-law suite. Separate driveway for boat/RV parking, 1-car garage, and sprinkler system. Located in a close-knit community of approximately 1,500 homes, known for its natural beauty, bird sanctuary, parks, trails, boat ramp access, and year-round events including BBQs, movie nights, and parades!
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| Sep 27, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | Listed by Pavon Realty Group, LLC | $699,000 | |
| Listed by Pavon Realty Group, LLC | |||
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Seize this incredible investment opportunity with a spacious 3-bedroom, 3.5-bathroom, 1-car garage home boasting immense potential. This home also features an additional driveway space for RV or boat parking, a family room with a working fireplace, a recreational room with a bar, and a screened pool with water views for enjoying outdoor living. This property is a blank canvas, ready for updates and renovations to unlock its full potential. Imagine the possibilities and transform this home into your new paradise.
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About Lake Clarke Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017