197 Hersey St
About This Property
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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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Price Decreased |
$2,650,000
↓ $100K
(3.6%) | |
| Price Decreased | |||
| Sep 3, 2024 | Price Decreased |
$2,750,000
↓ $100K
(3.5%) | |
| Price Decreased | |||
| Aug 14, 2024 | Listed by Coldwell Banker Realty - Hingham | $2,850,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
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FABULOUS Farmhouse (just 12 years young) with 5200 SF of living space on a PRIVATE 1+ acre lot in much desired walk to everything location. This home lives very comfortably for everyday family living and entertaining! Spacious first floor w/2 large family rooms, a custom kitchen w/stainless appliances, island and built in banquette for cozy dining. A large dining room, kids work/play area and mudroom w/cubbies complete the first floor. Upstairs there are 4 nice sized bedrooms including a luxurious primary suite w/large walk in closet and marble bath. The walk out lower level w/3 different finished areas and full bath flows nicely from the main floor, with a wide and open stair. But best of all is the RESORT STYLE back yard w/gorgeous Gunite pool w/built in spa, expansive stone and brick patios w/gas fire pit and built in kitchen, AND a magazine worthy pool pavilion complete w/large outdoor television, built in storage and ceiling heaters for year round enjoyment of the outdoors. WOW!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017