51510 Avenida Herrera
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 |
|---|---|---|---|
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Keller Williams Luxury Homes | $525,000 | |
| Listed by Keller Williams Luxury Homes | |||
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Immaculate Santa Fe style home situated on a corner lot with incredible mountain views from your patio, kitchen, and dining room table!Large tile floors throughout. Kitchen features quality stainless steel appliances, Bosch gas range, trash compactor, and large island. Beautiful stone fireplace is the center of attention in the living area. 12 foot ceilings give the home a spacious feeling and incredible mountain views from the elevated windows. Ceiling fans throughout. Guest restroom features an automatic toilet with bidet. Enjoy the newly resurfaced in-ground salt water spa which features an outdoor shower and large private yard with TWO covered patios with custom gates and front entry door. Beautiful low maintenance desert landscape with a lemon tree.**A/C and roof replaced in 2019 with energy efficient equipment and UV reflective foam roof. Newer hot water heater. Highest electric bill in the middle of summer was under $200!! Interior and Exterior of home was painted in 2019.Home is on Natural Gas and connected to sewer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017