1533 Herkimer
About This Property
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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 |
|---|---|---|---|
| Jun 19, 2025 | Listed | $1,990,000 | |
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Gorgeous home by L&B Limited Company. Prime location near the Heights Hike & Bike Trail and walking distance to an abundant amount of Heights shopping, restaurants and entertainment! 4 bedrooms upstairs w/ 4 baths plus a bonus game room/landing area. Downstairs room that can be used as a bedroom or a perfect flex room/study with half bath. High-end Thermador appliances including a 24" wine fridge column with 99 bottle capacity, walk-in pantry with sink, mud room with custom storage, outdoor kitchen with grill, sink and refrigerator. Sierra Pacific aluminum clad casement windows, tankless water heater, Lennox HVAC sys, pre-wired for speakers, cameras and alarm. 42" Montigo fireplace with cast stone surround. White oak floors, cabinets and ceiling beams, high end designer fixtures. Front porch copper gas lantern, cedar garage doors, Emtek door hardware. Large yard and no neighbor directly behind you. You're going to love this home!
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| Feb 14, 2024 | Sold | ||
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| Dec 30, 2023 | In contract | - | |
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| Nov 22, 2023 | Listed by Connect Realty.com | $699,000 | |
| Listed by Connect Realty.com | |||
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An exceptional opportunity awaits! This unique bungalow features an additional lot at the rear with a metal shed perfect for a versatile creative space. This home and adjoining warehouse is a gem for investors and homeowners alike. Nestled in a prime location with access to two streets, this property is a dream for creatives, entrepreneurs or creatives seeking a versatile workspace or studio, and savvy investors aiming to craft something remarkable in this highly sought-after neighborhood—the charm of a bungalow with the functionality of a gallery/studio.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017