131 Mount Hermon Way
About This Property
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by Jack Green Realty | $975,000 | |
| Listed by Jack Green Realty | |||
| | |||
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This stunning 4-bedroom residence, meticulously renovated in 2021, embodies exceptional craftsmanship and attention to detail. As you approach this south-facing gem, you are greeted by an inviting large rocking chair front porch. Enter through the exquisite stained glass front door into a bright and airy living room, featuring 9-foot ceilings that enhance the home's open and comfortable ambiance.
The newly designed open-concept dining and kitchen area is perfect for hosting gatherings, offering ample space for all. The kitchen boasts custom white shaker cabinets, a central island with quartz countertops, stainless steel appliances, and a brand-new full bath on the first floor. Step outside to discover an expansive paver patio, providing a private outdoor retreat.
On the second floor, you will find three bedrooms, a newly installed laundry room with built-in closets (which can be reverted to a fourth bedroom if desired), and a beautifully renovated full bath. The third-floor bonus room, also fully renovated, offers versatile space ideal for a playroom, home gym, office, or guest accommodations.
This home also features all-new plumbing, electrical systems, dual-zone HVAC, hardy plank siding, and cedar shakes, highlighting the extensive and thoughtful renovations completed. Make this exceptional property your new home!
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| Dec 4, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Jack Green Realty | $425,000 | |
| Listed by Jack Green Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017