8611 Herts 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%.
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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 |
|---|---|---|---|
| May 24, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Berkshire Hathaway HomeService | $409,900 | |
| Listed by Berkshire Hathaway HomeService | |||
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In prestigious Champion Forest, nice traditional and rare 5 bedrooms/3.5 baths. Warm hardwood flooring in living areas, kitchen and breakfast nook. Living room offers high ceiling, custom-built cabinets, gas log fireplace and a view on backyard. Spacious formal dining room adjacent to the kitchen featuring granite countertops and numerous cabinets. Breakfast nook is used as a cozy seating area for your morning coffee close to the bar station! Bright primary bedroom and generous primary bathroom with separate shower, soaking tub and newer granite countertops. Upstairs on a newer carpet, wide gameroom, an extra room for office/exercise or sewing room, 4 large bedrooms with big closets, 1 jack and jill bathroom and another private bathroom all with newer granite countertops and faucets. Backyard is fully fenced and ideal for entertaining around the fire pit during summer nights. Plantation shutters all over the house. Walking distance to schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017