2206 Hermosa Drive
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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by Redfin Corporation | $489,000 | |
| Listed by Redfin Corporation | |||
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Impeccably cared for home with breathtaking views of the lake from the backyard! Built in 2020 with highly maintained custom features throughout the home and all the upgrades. Custom shelving in kitchen and laundry, landscaping, and interior lighting. Walk up to the charming front porch! Additional living space at the front of the home. Open concept, eat-in kitchen features a large island, stainless steel appliances, and trendy two-toned cabinetry. Inviting living room with stone fireplace sits at the heart of the home adding beautiful natural light with the wall of windows and a French door opening up to the expansive backyard. Enjoy Texas summer nights entertaining on the covered patio or walk to the lake!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017