7 Herricks Ln
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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by MA Homes, LLC | $450,000 | |
| Listed by MA Homes, LLC | |||
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Lovely one level living. Handicapped accessible, young open floor plan ranch with gleaming hardwoods and granite. Sunny kitchen with lots of natural light, dining area and sliders to the deck. Light filled living room. Primary bedroom was used as a hair salon, has an exterior door with ramp to driveway and en-suite bath with double vanities. Two good sized additional bedrooms. Lots of storage space. Washer/dryer hookups in bathroom and basement. Park like fenced backyard with storage shed and gazebo, perfect for entertaining, BBQs and pets. Large basement, could be finished for additional space. Great commuter location, easy access to Rt 146 / Pike. Please see attached floor plan.
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| Aug 2, 2013 | Sold | ||
| Sold | |||
| Oct 19, 2012 | Sold | ||
| Sold | |||
| Feb 9, 2012 | Listed by ERA Key Realty Services- Auburn | $42,500 | |
| Listed by ERA Key Realty Services- Auburn | |||
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This is the real deal...Terrific buy...Small ranch needs work but has great potential...nice yard...house has two bedrooms livingroom small kitchen and another room for office or play room..full bath has shower only..septic plans attached...'as is' sale
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