1402 Herkimer Street
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 8, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Compass RE Texas, LLC | $1,100,000 | |
| Listed by Compass RE Texas, LLC | |||
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Rare recent construction single story custom home built by well-respected builder, Bungalow Revival. Enjoy the best of both worlds with 1920s Craftsman style but with all the amenities and benefits of newer construction. Beautiful details abound, including crown molding, gorgeous oak flooring throughout, antique stained glass windows and period finishes and fixtures. The chef’s kitchen with Thermador appliances opens to the main living area with a substantial screened-in porch beyond. The dining room with coffered ceiling, a plethora of built-ins and the quintessential Heights front porch add to the charm. Situated on a 6,600 sf lot, there is plenty of room to enjoy the backyard with low maintenance artificial turf. There are SO many restaurants and entertainment venues within walking distance and the Heights hike and bike trail is located just behind the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017