479 Herkimer Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2024 | No longer available | - | |
| No longer available | |||
| Sep 22, 2023 | In contract | - | |
| In contract | |||
| Sep 7, 2023 | Relisted | $1,500,000 | |
| Relisted | |||
| Sep 6, 2023 | No longer available | - | |
| No longer available | |||
| Apr 22, 2023 | Price Decreased |
$1,500,000
↓ $500K
(25%)
|
|
| Price Decreased | |||
Property Highlights
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Status
Price/ft²
Listed On
Sold On
About Northern Brooklyn
Similar Homes for Sale
$1,699,000
- 4 Beds
- 2 Baths
- 3,693 ft²
$1,460,000
- 4 Beds
- 3 Baths
- 2,100 ft²
Nearby Rentals
Data Source: OneKey MLS
