961 Herschell Street
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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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Keller Williams Realty Allen | $799,000 | |
| Listed by Keller Williams Realty Allen | |||
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Live in luxury at The Landings. Upon entry you're greeted by hand scraped hardwood flooring, soaring ceilings, and a bright stacked formal living and dining area. The open concept features a grand room, breakfast area and chef's style kitchen with a large island,5 burner gas cooktop, ss appliances, lots of countertop space and cabinetry. Master bedroom & other bed are down, 3 full baths, office, and flex room. New carpet in downstairs bedrooms and flex room. Upstairs you'll enjoy the media, oversized landing and game room, 3 bedrooms and 2 full baths. Enjoy the neighborhood pool, clubhouse, playground, close shopping, dining, entertainment and Allen schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017