1562 Hering Avenue
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Keller Williams Hudson Valley | $650,000 | |
| Listed by Keller Williams Hudson Valley | |||
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Your Story Begins Here Nestled in the heart of Morris Park, where tree-lined streets meet the warmth of a close-knit community, this beautifully renovated 3-bedroom, 1.5-bath home is ready to welcome its next chapter. From the moment you step onto the enclosed front porch, imagine sipping your morning coffee as the neighborhood slowly wakes around you. Inside, sunlight dances across gleaming hardwood floors, guiding you through the open-concept first floor. A spacious living room invites laughter-filled movie nights, while the formal dining room is waiting for Sunday dinners and holiday gatherings. At the heart of it all, a gorgeous, sparking kitchen—sleek, modern, and designed for both function and beauty—sets the stage for creating meals and memories. Upstairs, the primary bedroom is a peaceful retreat, with two additional bedrooms offering space for family, guests, or the perfect home office. Great closets throughout keep life organized, while the updated full bath adds a touch of luxury. But the possibilities don’t stop there. The unfinished walkout basement—with its high ceilings—is a blank canvas, ready to be transformed into a cozy family room, play space, or home gym. And outside? A private driveway leads to a huge two-car garage, perfect for your vehicles, hobbies, or extra storage. The paved backyard is an entertainer’s dream, offering the perfect spot for summer barbecues, a quiet evening under the stars, or a safe space for little ones to play. With its prime location, just minutes from schools, parks, shops, and transit, this home is not just a place to live—it’s a place to belong. Don't just buy a house—start your next chapter in a home filled with love, laughter, and endless possibilities.
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| Jan 7, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017