9 Herds Hill
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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Listed by Coldwell Banker Realty - Beverly | $2,555,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Rare offering! Beautiful Contemporary home perfectly situated on hilltop land - Ocean views of Gloucester towards Eastern Point Lighthouse and direct access to the trails and views of Ravenswood Preserve to the rear. This freshly updated home offers an expansive open floor plan, cathedral ceilings, and walls of windows to capture the views. The designer kitchen & butlers pantry are open to the dining-living room areas & large stone fireplace. This unique home has character & warmth with the use of reclaimed wooden floors and columns created from an old ship mast. A family room & office are also on the main floor. Fabulous heated pool, patio & thoughtful naturalized landscaping can be enjoyed from the expanded deck. Five BR, 4 baths & two half baths. First floor primary suite w/double dressing rooms & lg bath & fireplace. Lower level offers plenty of space for add'l entertaining spaces including an area for home gym, bar, pool table, stone fireplace,TV & built in sauna. Move in & enjoy
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| Sep 2, 2024 | No longer available | - | |
| No longer available | |||
| May 22, 2024 | Price Decreased |
$2,595,000
↓ $280K
(9.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017