14
Map
11408 Hereford ST
About This Property
Offered at just $199,000, this property is priced to sell VERY FAST and presents a fantastic opportunity for a homeowner or investor looking for value.
A major recent improvement is the foundation work, which has recently been completed-an important upgrade that gives the next owner a strong starting point for the property.
Property Highlights: Offered at just $199,000 Priced aggressively for a VERY FAST sale Foundation recently done Delivered vacant and clean
With recent foundation work completed and a price designed to move, 11408 Hereford Street WILL NOT LAST LONG.
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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 |
|---|---|---|---|
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Sep 21, 2026 | Listed by Congress Realty, Inc. | $199,000 | |
| Listed by Congress Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017