7 Herbert Drive #D
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 |
|---|---|---|---|
| Aug 13, 2007 | Sold | ||
| Sold | |||
| Apr 20, 2007 | Listed by NorthLight Homes | $234,900 | |
| Listed by NorthLight Homes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/12/2022
|
3 Bed
|
2 Bath
|
1406 ft²
|
$325,000
3 Bed
2 Bath
1406 ft²
|
$345,000
+6.15%
03/18/2022
|
Robert Smith
Forge Realty
| |
|
02/16/2010
|
3 Bed
|
3 Bath
|
1442 ft²
|
$179,900
3 Bed
3 Bath
1442 ft²
|
$179,900
02/22/2011
|
Gary Parker
RE/MAX Executive Realty
| |
|
01/22/2008
|
3 Bed
|
2 Bath
|
1406 ft²
|
$221,500
3 Bed
2 Bath
1406 ft²
|
$212,000
-4.29%
08/29/2008
|
Walter Lem
Mathieu Newton Sotheby's International Realty
| |
|
04/20/2007
|
3 Bed
|
3 Bath
|
1428 ft²
|
$234,900
3 Bed
3 Bath
1428 ft²
|
$227,000
-3.36%
08/13/2007
|
Diana S. Byron
Dewolfe-Medfield
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017