209 Blue Heron Drive
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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by Keller Williams Metropolitan | $950,000 | |
| Listed by Keller Williams Metropolitan | |||
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This pristine, move-in ready home offers a stunning water view of the picturesque Lake Conroe & boasts a gorgeous backyard patio, complete w/ a gazebo & outdoor kitchen, as well as a covered boat slip capable of accommodating up to a 28-ft boat! The house has a great open-concept layout, & its gated courtyard entry adds an extra touch of elegance. The formal grand foyer features high ceilings that lead to the heart of the home & the spacious, gourmet custom kitchen, complete w/ a butler's pantry that connects to the formal dining room for added convenience. The living room enjoys picturesque views of the lake, high ceilings, & a cozy fireplace. Exquisitely accented by tray ceilings, the primary bedroom is truly a retreat, offering a private entrance to the stunning outdoor patio & captivating lake views. The ensuite bathroom is a luxurious haven, featuring a huge walk-in rain shower. This home seamlessly blends elegant features w/ practicality, comfort, & an ideal location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017