812 KERN 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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Relisted | $633,000 | |
| Relisted | |||
| Oct 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 8, 2024 | Listed by eXp Realty LLC | $633,000 | |
| Listed by eXp Realty LLC | |||
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Absolutely adorable, super special Kern Place home and casita. Recently remodeled all the way down to the studs. Main home is 3 bedroom/2 bath plus basement (1549 sq ft) with high ceilings and egress. Eat in kitchen with stone counters and stainless steel appliances. Casita is large studio (540 sq ft) with bathroom and full kitchen plus washer dryer. Highly rated, income producing AirBnB, can be inherited by new owner. Refrigerated a/c in all spaces. Walking distance to UTEP, Mesita Elementary, grocery stores, restaurants and Cincinnati Entertainment district.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017