281 HERMINE BLVD
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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Price Decreased |
$265,000
↓ $24K
(8.3%) | |
| Price Decreased | |||
| Nov 4, 2025 | Listed by Keller Williams Heritage | $289,000 | |
| Listed by Keller Williams Heritage | |||
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Welcome to this charming and Historic Olmos Park Terrace home, where comfort and style come together in a thoughtful single-level layout crafted to last the hands of time like they were built back in the old days! Entirely renovated including back in 2020: HVAC & water heater. New double pane windows, Fiber Optic & LED lighting! Sunlight pours through every room, highlighting the high ceilings, ceiling fans, and beautiful hard wood flooring that flows seamlessly throughout. The living area invites you to gather with family and friends, cozy up to the wood-burning fireplace on cooler evenings, or enjoy meals together in the separate dining room or at the breakfast bar. The kitchen makes cooking a joy while staying connected to loved ones. Did we mention you have an electrical hook up outside in your extended oversized yard for a casita or pool or RV parking? Outside of the home, you'll enjoy easy access to shopping, dining, and nearby parks, everything you need is just around the corner. This home isn't just a space to live; it's a place to make memories. Schedule a showing today and see why it feels so special in person!
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| Sep 30, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017