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297 Hermitage Dr
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 1, 2006 | Sold | ||
| Sold | |||
| Sep 26, 2006 | Listed | $139,900 | |
| Listed | |||
| Sep 17, 2001 | Sold | ||
| Sold | |||
| May 1, 2001 | Listed | $94,500 | |
| Listed | |||
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DON'T MISS THIS ONE! LOVELY 5+ ROOM 3 BEDROOM RANCH WITH MANY UPDATES: SPARKLING REFINISHED FLOORS THROUGHOUT, UPDATED KITCHEN & BATH, NEWER ROOF AND MORE. READY TO MOVE RIGHT INTO, NICE LOCATION. COME SEE THE VALUE - EASY TO SHOW
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