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7727 Heron Lakes Drive
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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Redfin Corporation | $359,000 | |
| Listed by Redfin Corporation | |||
| Sep 16, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 24, 2026 | Listed by Redfin Corporation | $365,000 | |
| Listed by Redfin Corporation | |||
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A rare one-story find in gated Heron Lakes backing to scenic green space for a peaceful, private feel! This all-brick 3/4-bedroom, 2-bath home offers 2,563 SF, fresh interior paint, new flooring, sprinkler system, 2-year-old HVAC, 5-year-old water heater, new electric panel, epoxy garage floor & new garage door opener. The flexible layout includes a spacious living room w/ fireplace & high ceiling, formal dining, breakfast room, home office/study & utility room in house. The kitchen offers hard-surface counters, gas range, gas oven, dishwasher, disposal & breakfast bar. The 1st-floor primary suite features double sinks, soaking tub & separate shower. Enjoy relaxing views from the covered rear patio overlooking greenery, plus lake views. Low tax rate, NO MUD & quick access to Beltway 8 make this one even more appealing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017