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1827 Hering Avenue
About This Property
The home features hardwood floors throughout, adding warmth and character. The second level offers three bedrooms and a full bathroom walk up attic that can be finished. The lower level includes a family room, full bathroom, laundry area, and interior access to the garage.
Conveniently located close to public transportation, major roadways, and within walking distance to Morris Park retail stores, restaurants, and neighborhood conveniences. A must-see home in a prime Bronx location!
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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 |
|---|---|---|---|
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Morris Park Realty Group | $825,000 | |
| Listed by Morris Park Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017