719 GREAT HERON DR
About This Property
The upper level is spacious with four generously sized bedrooms, three full bathrooms, and a laundry center. Expansive primary en suite with elegant tray ceiling, recessed lighting, and dual walk-in closets. Step through the double door entry into your private en suite with two separate vanities, a separate stand-up shower, and a soaking tub with beautiful natural lighting spilling through the large window. Bedroom #2 provides its own private full bath as well!
In the lower level, you will find the 5th bedroom, 4th FULL BATH, large recreational space with custom built-ins, recessed lighting, and additional entertaining space perfect for game night with friends...or set up your own home gym! Tons of storage space can also be found on the lower level!
Heron Cove is a water-privileged community with access to Cub Neck Creek where you can enjoy fishing, kayaking, paddle boarding, or canoeing! Miles of nature/hiking trails along the Chesapeake Bay are located less than 2 miles away at the Beverly Triton Nature Park. Excellent location for commuting with easy access to Rt 50 and 97, tons of shopping options, restaurants, doctors/medical needs, the Edgewater Library, and South River Schools! Come make this your new home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017