7 Herbst Drive
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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 9, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | In contract | - | |
| In contract | |||
| Jul 21, 2022 | Listed by RE/MAX Town & Country | $250,000 | |
| Listed by RE/MAX Town & Country | |||
| | |||
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Cute 2 Bedroom Ranch on 1/3 of an acre in the Monroe school district has been recently updated and is priced to sell! It's the perfect weekend retreat or starter home featuring hard wood floors, a modern kitchen with oak cabinets, living room with a wood burning fireplace, and a sizeable deck overlooking the large level yard. Newer windows, a new boiler and a new oil tank guarantee warmth and efficiency come winter, plus there's plenty of space to expand the home if more space is needed. Don't let this one slip through your fingers. Check it out and make an offer today.
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| Dec 20, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017