704 GREAT HERON DR
About This Property
an acre of wooded perfection. Sit on your screened porch and enjoy the sounds of nature and the beauty
of the natural wildlife. This home provides complete privacy in the summer and boasts seasonal views of
Bear Neck Creek. Fishing, crabbing, boating, and gardening. This home has it all! Including a potting/crabbing/gardening shed perfectly situated under the screened porch that stays nice and cool in
the summer! Sit on your private pier and watch the sunset after your evening boat ride on the Rhode
River!
Inside the home, on the main floor you'll find hardwood floors that grace the open living spaces and an
updated kitchen with new quartzite countertops and updated appliances. Upstairs, the owner's suite
awaits accompanied by three additional bedrooms and a convenient laundry room. Both upper level
bathrooms have upgraded Porcelanosa tile. There are nine foot ceilings throughout the home and with a new
HVAC system in the upper level zone ensuring year-round comfort while you sleep, this waterfront
home embodies the epitome of graciousness. The high and dry walkout basement is splashed with light and
offers endless possibilities for expansion and customization ensuring this home adapts to your
needs.
Come see for yourself what this extraordinary home has to offer!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017