1115 Herkimer Street
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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%.
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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.
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 3, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Village Realty | $715,000 | |
| Listed by Village Realty | |||
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Coldwell Banker Realty | $621,500 | |
| Listed by Coldwell Banker Realty | |||
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The big back yard is such a treat at this lovely recent-construction home, just ONE BLOCK from Heights Hike & Bike Trail. This immaculate home is built in a raised-cottage style, reminiscent of Galveston & New Orleans. Located in the very heart of Houston Heights. Step inside...spacious living room is open to a chef's kitchen & dining area. High ceilings, beautiful details & hardwood floors throughout. Living area has large windows & fireplace. Kitchen features custom cabinets, granite countertops, walk-in pantry, large island and SS appliances. Primary suite offers a view of the lush back yard, a great walk-in closet, and luxe primary bath. Access back yard on first level, where a cozy den is located, along with 2 more bedrooms, hall bath and fantastic laundry room. Keyless entry on all doors. Covered patio leads to perfectly sized landscaped back yard w/ fountain & utility shed. Walking/biking distance to everything! Exterior recently painted, water heater and A/C unit replaced 2019.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017