6213 NW 120th Drive
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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.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Listed by Parrot Realty LLC | $1,350,000 | |
| Listed by Parrot Realty LLC | |||
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Live the desirable Parkland lifestyle in Heron Bay's double gated neighborhood, The Falls. This 5 bedroom, 4.5 bath one story pool home is situated on a waterfront lot and features 2024 roof, dramatic 16 foot tray ceilings, and beautiful water views. The open kitchen features custom built-in refrigerator, stainless steel appliances and eat-in dining space. Open triple split floor plan with two living spaces and built in bar is ideal for both living and entertaining. Updates include renovated primary bathroom, 2019 water heater, 2021 A/C units and custom electric window treatments. Resort Style Amenities, 2 Clubhouses, Renovated Fitness Center, Pools & Spa, Tennis, Basketball, Pickleball & More. Close To Parkland's A Rated Schools, Shopping, Restaurants, Highways & More!
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| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
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About Heron Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017