369 BEECH TRAIL
About This Property
Step inside to an open-concept layout where vaulted ceilings in the living room create a sense of space and light. A few steps lead to the kitchen and dining room, finished with luxury vinyl plank flooring and stairs updated in wood. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances including a dishwasher and microwave replaced in 2023, cabinetry with roll-out shelves, and a breakfast bar. The dining area, combined with the kitchen, opens through a sliding glass door onto the deck, seamlessly connecting indoor and outdoor living.
The main level accommodates three bedrooms. At the end of the hall, the primary suite impresses with an attached full bath, and two closets, each featuring closet organizing built-ins. Two additional bedrooms share a full hall bath, providing comfortable living spaces for family or guests.
The lower level expands the home's versatility with a family room offering direct access to the backyard, a sizable laundry room, garage entry, and a spacious closet under the stairs for ample storage. Modern conveniences enhance everyday living, including a backup generator, remote-control ceiling fans, and solar shades. Seamless gutters were installed in 2019, providing low-maintenance durability.
Residents of Herald Harbor enjoy exclusive access to community amenities such as a beach, pier, and nearby marinas, while neighboring parks and recreation areas offer endless outdoor activities. This home perfectly balances style, functionality, and lifestyle, making it a rare find in a sought-after waterfront community.
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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%.
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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.
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.
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About Herald Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017