Lot 3 - 300 LYNNHAVEN
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| May 6, 2024 | Listed | $399,900 | |
| Listed | |||
| | |||
|
Welcome to a slice of waterfront paradise nestled in the heart of a Colonial Beach. This captivating lot offers a rare opportunity to embrace the tranquil beauty of waterfront living. Situated on beautiful Monroe Bay, this expansive parcel of land boasts breathtaking panoramic sunset views that stretch across the glistening surface. The lot is perfectly located within an easy stroll to most of the amenities and festivals that Colonial Beach has to offer. Or hop in your golf cart and head over to your favorite restaurant, wine bar or other watering hole. Better yet, hop in your boat at the dock you can build and cruise to one of the many beautiful sites and fun spots along the Potomac River. Despite its proximity to town, this waterfront lot offers a sense of seclusion and tranquility that feels worlds away from the hustle and bustle of everyday life. The lot is generously sized, providing ample space to design and build your dream waterfront retreat. Whether you envision a cozy cottage for weekend getaways or a magnificent bay side estate, the possibilities are endless. The preferred builder can construct the house of your dreams. Imagine sitting on your back porch at sunset watching the beauty unfold as the sun inches its way towards the horizon painting the sky with beautiful hues of majestic colors. Don't miss this extraordinary opportunity to make your waterfront dreams a reality. Whether you're seeking a serene retreat or a recreational haven, this picturesque lot invites you to embrace the beauty of waterfront living and create a lifetime of cherished moments. Contact us for information about financing that bundles together the purchase of the lot and the house you have chosen to have built.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017