11406 Herald Square 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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Price Decreased |
$215,000
↓ $15K
(6.5%) | |
| Price Decreased | |||
| Aug 9, 2025 | Price Decreased |
$230,000
↓ $15K
(6.1%) | |
| Price Decreased | |||
| Jul 7, 2025 | Listed by MaiAn Realty | $245,000 | |
| Listed by MaiAn Realty | |||
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HUGE REDUCTION. This charming home in Leawood boasts a freshly painted exterior, perfect for relaxing in the spacious backyard with a covered patio ideal for gatherings. Located near Hong Kong Market, Chinatown, and Bellaire area, this property offers convenient access to restaurants, doctor offices, and other services. Easy commute with proximity to Beltway 8, 59 Downtown area, and Sugar Land. Perfect for those looking for a peaceful retreat with easy access to urban amenities.
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Property Highlights
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Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017