323 Hernando Street
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 3, 2021 | In contract | - | |
| In contract | |||
| Feb 24, 2021 | Listed | $2,350 | |
| Listed | |||
| | |||
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Come enjoy paradise in this 2 bedroom, 2 bath home on South Hutchinson Island 2 blocks from the Ocean and walking distance to the Fort Pierce Inlet, shops, and restaurants. This newly renovated home has new flooring, paint, impact windows & doors, and a private pool! Relax on your front porch listening to the sound of the crashing waves and gorgeous sunrises! Pets are welcome and pool & lawn maintenance are included. Large storage room and laundry are downstairs. 1st, last, and security deposit are required. This home is only offered on an annual basis, no short term rentals considered. $75 application fee- credit score must be a 650 or better to be considered. Don't miss this amazing opportunity to rent your little piece of paradise! The manager has listed the unit size as 1000 square feet.
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| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jul 4, 2018 | Listed by Real Estate Consultants of Bro | $335,000 | |
| Listed by Real Estate Consultants of Bro | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017