284 Hermitage Dr
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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Feb 23, 2024 | Listed by Executive Real Estate, Inc. | $319,900 | |
| Listed by Executive Real Estate, Inc. | |||
| | |||
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Step into modern elegance with this meticulously updated 3 bedroom home. Many Recent Updates including New Siding, Windows, Gutters, and Deck, ensuring durability and curb appeal. Recently Updated Bathroom with bright fixtures and finishes. Newer Mass Save Insulation for energy efficiency and comfort in all seasons. Open concept layout connects the eat in kitchen and living room, ideal for entertaining and everyday living. Big backyard with newer deck provides ample space for outdoor activities and relaxation. With its numerous updates and modern amenities, this home is ready for you to move in and start enjoying the comfort and convenience it offers. Nestled in the charming Sixteen Acres neighborhood, this home offers the perfect balance of tranquility and convenience. Close to major shopping centers, parks, golf course and the East Longmeadow line.
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| Apr 5, 2016 | Sold | ||
| Sold | |||
| Jan 27, 2016 | Listed by Executive Real Estate, Inc. | $150,000 | |
| Listed by Executive Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017