135 Hernando Lane #4
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 |
|---|---|---|---|
| Aug 29, 2014 | Sold | ||
| Sold | |||
| Mar 27, 2014 | Listed by Surf Rider Realty | $129,900 | |
| Listed by Surf Rider Realty | |||
| |||
|
Hurry, this one is going to be sold soon! This One Bedroom, One Bath Condo is near Ron Jon. Excellent Weekly Rental Potential since it's close to Shopping, Restaurants & One Block to the Beach. All new white kitchen cabinets with brown granite counters & new stainless/black appliances. All new tiled shower w/rimless glass enclosure. The brand new ''Coretech'' driftwood plank flooring will make this the ultimate ''beach pad''. All new HVAC and Tankless Hot Water Heater. This condo is situated between Ron Jon Surf Shop & close to Shepard Park. A perfect weekend getaway condo at the Beach & weekly rental income too.
| |||
| Oct 22, 2013 | Sold | ||
| Sold | |||
| Aug 7, 2013 | Listed by CENTURY 21 Camelot Realty, Inc | $44,900 | |
| Listed by CENTURY 21 Camelot Realty, Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/07/2015
|
1 Bed
|
1 Bath
|
662 ft²
|
$139,900
1 Bed
1 Bath
662 ft²
|
$132,000
-5.65%
05/29/2015
|
Michael Dvorak
Surf Rider Realty
| |
|
03/27/2014
|
1 Bed
|
1 Bath
|
662 ft²
|
$129,900
1 Bed
1 Bath
662 ft²
|
$125,000
-3.77%
08/29/2014
|
Michael Dvorak
Surf Rider Realty
| |
|
08/07/2013
|
1 Bed
|
1 Bath
|
-
|
$44,900
1 Bed
1 Bath
|
$31,500
-29.84%
10/22/2013
|
Shirley Weems
Waterman Real Estate, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017