1532 Herbert Avenue
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 |
|---|---|---|---|
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Listed by RE/MAX Action | $339,900 | |
| Listed by RE/MAX Action | |||
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Complete rehab, move in ready with these unbelievable improvements completed in 2023. Exterior NEW features: concrete driveway, 2 car garage with electric door opener, front and rear doors, lighting, windows Interior NEW features: panel doors, refinished wood floors, kitchen with shaker style cabinets, quartz counters, stainless appliances, recessed lighting in Living room, Kitchen, Family room, 3rd bedroom, all plumbing fixtures, new flooring in kitchen, 3rd bedroom, and Family room, Misc. NEW features, Central air, Electrical upgraded, Plumbing upgraded. Preferred lender has IHDA financing & access to $5000 in grant money available to qualified buyer!!!
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| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by eXp Realty, LLC | $115,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017