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583 CABIN POINT DRIVE
About This Property
Embrace water-access living in the amenity-rich community of Glebe Harbor - Cabin Point. This beautiful, bright home features high ceilings and an open floor plan, welcoming you into a large gathering room with durable Luxury Vinyl Plank flooring. The kitchen is equipped with granite countertops, stainless steel appliances, and an island with a breakfast bar, perfect for casual dining. The spacious owner's suite includes an ensuite bathroom, offering a private retreat. Outside, enjoy a large, cleared, fenced backyard with a storage shed that backs up to trees, providing a serene outdoor space. Community amenities enhance this lifestyle with access to four beaches, two boat ramps, a swimming pool with a baby pool, scenic trails, tennis courts, and spaces for boat, trailer, and RV parking. The clubhouse is a hub of activity, featuring a library, lounge with weekly happy hour, game room, and the Rotunda Room for large gatherings, making this community ideal for active and social residents. This home offers an exceptional opportunity for those seeking a vibrant water-access lifestyle in a community filled with amenities and social opportunities. Photos may be virtually staged
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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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by Keller Williams Realty | $275,000 | |
| Listed by Keller Williams Realty | |||
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Embrace the water access lifestyle in the amenity-rich community of Glebe Harbor at Cabin Point, where recreation, relaxation, and connection come together. This bright and inviting home welcomes you with soaring ceilings, an open floor plan, and a spacious gathering room featuring durable Luxury Vinyl Plank flooring, creating an ideal space for everyday living and entertaining. The well-appointed kitchen offers granite countertops, stainless steel appliances, and a center island with a breakfast bar, making meal preparation and casual dining both comfortable and convenient. The spacious owner's suite provides a peaceful retreat with a private ensuite bath, while the thoughtfully designed layout offers flexibility for guests, a home office, or additional living space. Step outside to a large, cleared, fenced backyard complete with a storage shed and a backdrop of mature trees, offering a private setting for outdoor gatherings, gardening, pets, or simply enjoying the peaceful surroundings. Life here extends far beyond the property. Residents enjoy access to four community beaches, two boat ramps, a swimming pool with a baby pool, scenic walking trails, tennis courts, and dedicated boat, trailer, and recreational vehicle parking. The community clubhouse serves as a gathering place with a library, lounge featuring weekly happy hours, game room, and the Rotunda Room for larger events and celebrations. Located near the Potomac River and the attractions of Virginia's Northern Neck, this home offers convenient access to marinas, parks, local dining, wineries, shopping, and outdoor recreation. Whether you enjoy boating, fishing, kayaking, or simply spending time outdoors, this community offers opportunities to embrace an active and relaxed lifestyle throughout the year. This is an excellent opportunity to enjoy comfortable living in a community known for its exceptional amenities and water access. Photos may be virtually staged
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| May 13, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by Keller Williams Realty | $275,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017