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4990 White Heron Lane
About This Property
Tucked away on a dead-end road with no HOA, this two-story home offers 3 bedrooms, 1.5 baths, and 1,600 sq ft of comfortable living space. The property features accordion hurricane shutters, an updated seawall (2018), a private dock, two wooden decks, and two storage sheds.
Inside, enjoy a freshly painted interior and peace of mind with major updates already completed: A/C units replaced in 2019 and 2020, and a 2017 roof.
A rare combination of privacy, water access, and move in ready comfort--this property is truly one of a kind. Centrally located! Sellers are motivated!
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$379,000
↓ $20K
(5%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$399,000
↓ $36K
(8.3%) | |
| Price Decreased | |||
| Feb 25, 2026 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017