2616 Herrick Drive
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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 21, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by TERRAMAR REALTY ASSOCIATES, INC. | $230,000 | |
| Listed by TERRAMAR REALTY ASSOCIATES, INC. | |||
| Apr 21, 2010 | Sold | ||
| Sold | |||
| Feb 18, 2010 | Sold | ||
| Sold | |||
| Feb 12, 2010 | Listed by RE/MAX SPECIALISTS | $107,500 | |
| Listed by RE/MAX SPECIALISTS | |||
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Charming newly renovated and remodeled 3 bedroom home.Home features new roof, new custom kitchen cabinets, new Corian counter tops with undermount double bowl sink and new GE stainless steel appliances.New thick pile carpet in main rooms and new custom tile floors in kitchen, foyer, laundry, baths.New HVAC w/10 yr warranty,new electrical wiring, newly plumbed, fresh paint inside and out.Shed as-is
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017