138 Herbert Road #1
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%.
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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 |
|---|---|---|---|
| Jan 6, 2023 | Sold | ||
| Sold | |||
| Nov 13, 2022 | In contract | - | |
| In contract | |||
| Oct 11, 2022 | Listed by Stuart St James, Inc. | $1,595,000 | |
| Listed by Stuart St James, Inc. | |||
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Luxury NEW CONSTRUCTION townhouse in vibrant East Arlington! This amazing property on the corner of tree-lined Herbert & Chandler is just a block away from Mass Ave’s local shops & restaurants. With over 3,000 SF of living space this 4 Bedroom, 3.5 bath residence feels like a single family home. Open layout, high ceilings, large windows, & high-end finishes throughout! Main level features a living rm w/ fireplace, kitchen w/ double layer cabinets, interior & under cabinet lighting, quartz counters, luxury appliances, half bath & dining area w/ oversized slider to yard. 2nd level has primary bedroom w/ en-suite bath, heated floors, huge tiled shower, double vanity, 2 additional bedrooms, common bath, & laundry rm. The top level boasts an alternate primary suite w/ full bath, walk-in closet, office, & private roof deck! Lower level has a family room w/ bar area. Central air, gas heat, 1 car garage wired for car charger, Hardie siding & much more!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/11/2022
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4 Bed
|
4 Bath
|
3086 ft²
|
$1,625,000
4 Bed
4 Bath
3086 ft²
|
$1,500,000
-7.69%
01/06/2023
|
Nicholas Petmezis
Stuart St James, Inc.
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017