3021 Hermes Drive
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by Home One Realty | $500,000 | |
| Listed by Home One Realty | |||
| Aug 18, 2023 | No longer available | - | |
| No longer available | |||
| Jul 27, 2023 | Listed by McColly Real Estate | $475,000 | |
| Listed by McColly Real Estate | |||
| | |||
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Beautiful brick 2 story with 5 bedrooms, 4 baths, huge finished basement with large recreation room, wet bar, main floor family room next to luxurious gourmet kitchen looking out to patio, main floor bedroom, huge master bedroom with spa bath and adjacent bonus room, 2 bedrooms with shared bath 3 car attached garage. don't miss this beauty. The manager has listed the unit size as 3851 square feet.
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| May 31, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017