Experience refined coastal living in the sought after Waterfront
Community of Captain's Cove, where lifestyle and craftsmanship come
together. This brand new Ranch style Beracah Home showcases the
Buckley model is an elegant single level design offering 3
bedrooms, 2 baths, and nearly 1,400 square feet of beautifully
curated living space. Thoughtfully designed with an open concept
layout, the home features a seamless flow between the kitchen,
dining, and living areas perfect for entertaining or relaxed
coastal living. Quality construction is evident throughout, with
2x6 exterior framing, enhanced insulation, and energy efficient
systems designed for both comfort and longevity. Positioned within
one of the Eastern Shore's premier resort style communities,
residents of Captain's Cove enjoy access to a golf course, marina,
indoor and outdoor pools, fitness center, and an array of
recreational amenities. Whether you're seeking a primary residence,
luxury retreat, or investment property, this home offers an
exceptional opportunity to enjoy the best of coastal Virginia
living.
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.
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