3718 Herrick Street
About This Property
Once inside, seamless flooring, a dramatic curved staircase, designer lighting, and walls of windows create an unforgettable first impression while filling the home with natural light. Designed for today's lifestyle, the spacious floor plan offers 5 bedrooms, 4 full bathrooms, 3 versatile living areas, a home office, and 3 car garage. The breathtaking two-story great room anchors the home and is open to the spacious kitchen and dining areas, while the upstairs living spaces offer the perfect flex space for a second living, media or lounge retreat. A separate enormous game room is large enough for movie nights, gaming, or fitness. The expansive kitchen features an oversized island with hidden pop-up outlet, room for bar stools, abundant cabinetry, double ovens, a gas cooktop, dedicated pantry, and generous prep space. The private primary suite offers a spa-inspired bath with a freestanding soaking tub, oversized walk-through shower, dual vanities, and an expansive walk-in closet. A first-floor secondary bedroom and full bath provide flexibility for guests, multigenerational living, or a secondary home office. Seller upgrades include laundry room cabinetry, built-in bench storage at garage entry, plantation shutters, upgraded lighting, rain shower head, fresh paint, and an extended covered patio overlooking a spacious backyard. Beautifully finished and move-in ready, this is a rare opportunity to own a nearly new home with premium upgrades!
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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%.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$865,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jul 25, 2026 | Listed by Keller Williams Rockwall | $875,000 | |
| Listed by Keller Williams Rockwall | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017