2605 Hearne 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Keller Williams Realty Northeast | $339,900 | |
| Listed by Keller Williams Realty Northeast | |||
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Stunning 4/5-bedroom custom home, complete with a modern studio apartment. Inviting entryway opens to a seamless flow between the formal dining area, kitchen breakfast nook, & the cozy living room, with a charming gas log fireplace. Sq. feet does not include bonus room or studio apartment. The kitchen has wood cabinets, granite countertops, stainless steel appliances, & a convenient breakfast bar. Primary bedroom is a peaceful retreat with en-suite bath, which includes a soaking tub, a separate large mud-set tiled shower & double vanities. The wood staircase guides you to the upper level to the game room & four generously sized secondary bedrooms. A sleek studio apartment w/ a private entrance. Studio includes a kitchen, bath & laundry connections, making it an excellent option for guests, short-term rentals, or long-term leases. Backyard includes large covered patio & storage shed offering additional storage solutions. This home is a rare find—don’t miss your chance to see it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017