16915 Hereford Drive
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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 |
|---|---|---|---|
| May 24, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by Keller Williams Metropolitan | $1,325,000 | |
| Listed by Keller Williams Metropolitan | |||
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A stunning, recently renovated (2021) home located on a large unrestricted lot (1.77 acres) that offers many upgrades and updates. (See upgrade list) As you enter the home, you will find stunning porcelain flooring laid in a Herringbone pattern with a floorplan that flows graciously. Through the double door entry, you will find a study lined with built in shelving, and a dining or informal living area adjacent to it. The main living room is spacious and lined with windows that give a stunning view to your large private lot and salt water pool area (heated). The kitchen area is suited with beautiful leathered Taj Mahal granite and features a large walk-in and butlers pantry. The informal living space is cozy and is equipped with a gas fireplace nestled off the kitchen. The exterior of the property (new paint Dec 2022) features a circle driveway for additional parking, 3 car garage with loads of storage, large covered patio, pool bath, a zipline and playset to name a few.
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| Feb 12, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2019 | Listed by REALM Real Estate Professional | $875,000 | |
| Listed by REALM Real Estate Professional | |||
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A uniquely custom country home on a quiet lot with private trailed woods & open sky views w/ easy access to services & 249/Beltway 8/Grand Parkway. The eye-catching interior is loaded w/ exceptional architectural touches. Interior: Study w/ built-ins (floor to ceiling) 2-story kitchen w/ beam ceiling & granite-countertop island Walk-in & butler pantries Keeping room w/ vaulted ceiling & cozy stone fireplace Master suite w/ view to woods Secret door b/n study & master closet Upstairs game room w/ space for pool/ping pong & TV seating Upstairs kitchenette w/ sink/refrigerator/microwave/counter Juliet balcony overlooking kitchen Ceiling speakers in 6 rooms Exterior: Private woods w/ trails & open grass area Remote-control saltwater pool w/ diving board/waterfall/spa & firepit 215’ zip line Wide relaxing covered porches/patios Great lot drainage Children’s playground & tetherball pole Fruit trees Exit gate at lot backside Avenfield w/ potential for second garage
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About Hereford Estates Village
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Last Updated: 4 months ago
Data Source: HAR , MLS# 66351122
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017