1303 Hermes Ave
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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Price Decreased |
$3,485,000
↓ $64K
(1.8%) | |
| Price Decreased | |||
| Sep 23, 2025 | Listed by Compass | $3,548,500 | |
| Listed by Compass | |||
| | |||
|
Seller will entertain offers between $3,085,000 - $3,485,000. Live the quintessential coastal dream in this stunning modern farmhouse perfectly positioned on a private corner lot in the heart of Leucadia. Just steps from Encinitas’ best beaches, restaurants, and shops, this fully transformed home offers four bedrooms, three full bathrooms, and two powder rooms designed for comfort and style. Gated and beautifully landscaped, the expansive front and backyard create an ideal indoor-outdoor lifestyle with two inviting firepits, a covered dining area with ceiling heaters, an outdoor shower, and a detached office that’s perfect for working from home or relaxing. The flat, fenced lawn provides ample space for entertaining, play, or gardening. The main level features three bedrooms along with two full bathrooms and two powder rooms. The entire second floor is dedicated to a luxurious primary suite complete with a private family room, a spacious deck, a spa-inspired bathroom, and separate his-and-her walk-in closets. Every detail throughout the home, from the elegant floors to the artisan tilework and custom lighting, reflects thoughtful design and sophisticated coastal living.
| |||
| Sep 19, 2025 | Price Decreased |
$3,595,000
↓ $85K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017