2760 Hering Avenue
About This Property
The main level features a well-appointed kitchen, full bathroom, and two generously sized bedrooms. A spiral staircase leads to the lower level, where you'll find a spacious living room, an additional full bathroom, and a third bedroom, providing flexibility for guests, a home office, or additional living arrangements.
The top floor offers a finished walk-up attic with versatile flex space, ideal for a home office, recreation area, studio, or additional storage.
Outside, the property features a single-car garage along with a shared driveway and 2 additional parking spots. With its classic Colonial charm, flexible layout, and convenient location, 2760 Hering Avenue presents an excellent opportunity to make this NYC home your own.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017