1631 Hering Avenue
About This Property
Located in close proximity to shopping, dining, parks, schools, and major transportation routes. Within walking distance of Albert Einstein College of Medicine, Jacobi & Einstein Hospital.
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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%.
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by YourHomeSold Guaranteed Realty | $649,000 | |
| Listed by YourHomeSold Guaranteed Realty | |||
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Nestled in the vibrant heart of Morris Park, this 3 bedroom, 1.5 bath residence offers a contemporary elegance and urban convenience. The well-maintained exterior features a classic Hardi Plank style facade accented by tasteful landscaping. The main level welcomes you with an open-concept layout, featuring living areas bathed in natural light. Rich hardwood flooring flows throughout, complementing the neutral color palette. The spacious living room serves as the focal point of the home adjacent to the kitchen with recessed lighting, SS appliances and a door out to the back patio. The upper level is dedicated to rest and relaxation, featuring three generously sized bedrooms plus a full bath. The Backyard features a 1 Car garage, Plus a Patio area with a lit Gazebo, perfect for hosting a gathering Located in close proximity to shopping, dining, parks, schools, and major transportation routes. Within walking distance of Albert Einstein College of Medicine, Jacobi & Einstein Hospital.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017