6
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LOT 69 HERON POINT LANE
About This Property
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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 |
|---|---|---|---|
| Jul 21, 2026 | Listed by Select Premium Properties, Inc | $184,500 | |
| Listed by Select Premium Properties, Inc | |||
| Jan 4, 2024 | No longer available | - | |
| No longer available | |||
| Oct 30, 2023 | In contract | - | |
| In contract | |||
| Aug 2, 2023 | Listed by Isabell K. Horsley Real Estate | $250,000 | |
| Listed by Isabell K. Horsley Real Estate | |||
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Waterfront location with private dock in place on this prime building lot located on coveted Wilton Creek. With quick access to the Piankatank River and Chesapeake Bay, Wilton Creek is known for its protected harbor and deep waters. Community amenities include clubhouse, exercise room, sauna, woodwork shop, and sports facilities like tennis and pickleball courts as well as boat and kayak launch. So many opportunities for recreation and relaxation. The Coves at Wilton Creek has community septic and well and Seller has pre-paid the septic connection fee to reduce your future building costs. Superbly located with great local shopping and restaurants, just 20 minutes from Gloucester and Kilmarnock and about an hour to the Richmond airport. Enjoy boating, fishing, or simply savor the wonderful views. This is perfect spot to build the home of your dreams.
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| Nov 5, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017