801 Hermann Road
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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 |
|---|---|---|---|
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by CENTURY 21 BURKE REALTY | $440,000 | |
| Listed by CENTURY 21 BURKE REALTY | |||
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Large corner lot with 2 driveways and detached garage. Home has 4+ Bedrooms and 2 full bathrooms, a lot of room to spread out! Spacious kitchen & Dining room allows for big meals! Large outside patio and yard space is ideal for nice gatherings. Home needs updating but offers endless possibilities! Great location, near shopping, bus stops, schools, library, train station nearby and Rutgers University.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017