2280 Herzog Road
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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by John R. Wood Properties | $425,000 | |
| Listed by John R. Wood Properties | |||
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Fantastic Alva acreage home with high elevation (in the X zone)! Updated with new water system, NEW ROOF (2023), new vanity in guest bathroom and new paint throughout both interior and exterior. Refinished Australian Cypress wood floors in the living room, new carpet in the three bedrooms and new outdoor carpet on the enclosed lanai. Solid concrete CBS construction with CPVC plumbing and recently updated water filtration system. At 1.78 acres, this perfectly sized parcel sits directly next to a large gated gulf-access riverfront parcel on a quiet street with no through-traffic and no HOA rules or fees. Plus, because the elevation is so high above sea level, it is completely out of the special flood hazard areas--this means no flood insurance is required--which will save you $500 a month over other homes! Peaceful westerly-facing enclosed lanai and backyard has sunset views and mature oak trees. The two car garage features a utility sink and a long concrete driveway. The kitchen is spacious with granite countertops and stainless steel appliances, a pantry, and plenty of room for a farmhouse kitchen table. Think of all the possibilities... You can have all your animals, pets, RVs, boats, 4-wheelers and other toys here and keep them clean and dry with no low-lying areas. What are you waiting for? Schedule your private tour today!
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| Oct 11, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017