18 Hersey 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.
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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 |
|---|---|---|---|
| Jan 11, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Regency Realty Services | $2,050,000 | |
| Listed by Regency Realty Services | |||
| | |||
|
A newly renovated 2100 Sf 3 bedroom , 3 bath Coastal Cottage ''Walk to Beach Home'' coming to market November 1. Located in the very desirable Ocean Ridge community. This renovated home will boast all new finishes to include: Roofing, Hurricane Windows, Doors, Exterior Re-Stucco, floors, custom iron and wood staircase, 3 New bathrooms, New addition of a 20 x 21 living room, new pool skim/tile and decking, new driveway, new landscape. Consider this home will be ''A New Home'' when delivered to the market. NuConcept Properties can work with buyer on final finishes. Houses in this Area rent for $20,000 to $25,000 during Season
| |||
| Oct 15, 2021 | No longer available | - | |
| No longer available | |||
| Oct 12, 2021 | Price Increased |
$2,050,000
↑ $155K
(8.2%) | |
| Price Increased | |||
| Sep 14, 2021 | Price Increased |
$1,895,000
↑ $45K
(2.4%) | |
| Price Increased | |||
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About Shore View
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Currently no similar homes aroundNearby Rentals
$10,000 /mo
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- 2,476 ft²
$10,000 /mo
- 3 Beds
- 3 Baths
- 2,012 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017