1232 Heron Drive #0
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 20, 2020 | No longer available | - | |
| No longer available | |||
| Aug 4, 2020 | Price Decreased |
$192,900
↓ $2K
(1%) | |
| Price Decreased | |||
| Jul 21, 2020 | Listed | $194,900 | |
| Listed | |||
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Fantastic opportunity!!!! LOTS of NEW UPDATES in 2020!!! Hardwood flooring in kitchen/dining with complete stainless steel appliance package.Very open feel for the living room with HIGH CEILING (17')! NEWLY PAINTED in July 2020. EPOXY FLOORING COAT in July 2020. SMART THERMOSTAT installed in July 2020. NEW WATER HEATER and A/C in 2020. All major appliances will stay including refrigerator, stove, microwave, dishwasher, washer and dryer (on 2nd floor). Basement has bath rough-in for full bath and two windows (one is egress). MOVE-IN READY! The manager has listed the unit size as 2307 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017