221 HERON ROAD
About This Property
This 2002 Disabled Accessible home offers a thoughtfully designed split floor plan featuring vaulted ceilings and a spacious, open-concept living and dining area, galley kitchen. The layout includes 2 bedrooms, 2 bathrooms, and a versatile 9' x 11' studio/den-the perfect sanctuary for creative pursuits, a professional home office, or a quiet retreat. Enjoy a private back patio and the peace of mind that comes with modern updates. Partially furnished.
Full Accessibility: Built with ease of movement in mind, featuring a sturdy entry ramp and wide, accessible doorways throughout the interior.
High-End Flooring (2022): New Milliken industrial-grade carpet planks specifically chosen for their durability; these will hold up beautifully to any manual or power wheelchair.
Galley Kitchen: Highly functional layout featuring a brand-new refrigerator (2026).
Creative Studio/Den (9' x 11'): A bright and inspiring space perfect for: A quiet home office, or a peaceful reading nook.
Master Suite: A generous retreat with an en suite featuring a Jacuzzi tub, separate shower, bidet, built-in vanity, and a massive 4' x 11' walk-in closet.
Second Bedroom: Maximizes space with a convenient Murphy bed, located adjacent to a full guest bath with a tub/shower combo.
Indoor Laundry: Equipped with a new (2026) stackable washer and dryer for modern convenience.
Climate Control: Three new Mini-Split AC/Heat systems ensuring efficient, year-round comfort.
Modern Infrastructure:
• New Roof (2021): 35-year architectural shingles.
• New Hot Water Heater (2020): Reliable and energy efficient.
• Metal Skirting (2022): Added for superior rodent protection.
Outdoor Oasis: A private rear patio area ideal for sunbathing or entertaining, plus a 10' x 12' shed for seasonal storage and hobbies
The park is governed by a seven-member Board of Directors that is elected by the leaseholders of the community. The facilities here include a club house, 8 shuffleboard courts, 6 corn hole courts, 2 recreation halls, a putting green, pond, arboretum and a swimming pool with a pavilion.
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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 7, 2026 | Sold | ||
| Sold | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Price Decreased |
$169,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by SELECT REAL ESTATE OF PINELLAS | $175,000 | |
| Listed by SELECT REAL ESTATE OF PINELLAS | |||
| Feb 28, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017