4623 Hermosa Road
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 27, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Price Decreased |
$370,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Mar 21, 2024 | Listed by RE/MAX Agency One, Inc. | $375,000 | |
| Listed by RE/MAX Agency One, Inc. | |||
| | |||
|
New Roof, fresh sod and newly painted home. Whole home inspection completed on 3/1/24 with repairs made. Seller willing to assist with closing with acceptable offer Move in ready. This 3-bedroom 2 bath home with bonus room upstairs is conveniently located in south Crestview providing easy commute to the local bases, beaches, and shopping centers. Spacious living room is open to the kitchen and formal dining making it a great area for entertaining friends and family. Stunning cabinetry and countertops along with stainless steel appliances make it the perfect kitchen to meet your cooking needs. Some features to note are the 9-foot ceilings, crown molding, wood laminate flooring. The split floor plan provide privacy as you retreat into the master bedroom and bath. The master bath is equipped The manager has listed the unit size as 2180 square feet.
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| Aug 2, 2022 | Sold | ||
| Sold | |||
| Jun 4, 2022 | Listed by Coldwell Banker Realty | $370,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017