1514 Herkimer Street
About This Property
Immediate access to the Heights hike and bike trail from the driveway of the home for easy exploration of the Heights and Houston including quick access to M-K-T, Heights Mercantile and HISTORIC W 19TH with shopping and chic eateries. Owner recently added a 15' x 22' patio to the backyard oasis. NO MUD HERE, Public water and sewers.
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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 2, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| May 25, 2024 | Listed by RE/MAX Distinction | $1,149,990 | |
| Listed by RE/MAX Distinction | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017