1 Ernest Street
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 31, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by The Neighborhood Realty Group | $475,000 | |
| Listed by The Neighborhood Realty Group | |||
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**Open House CANCELED** Come Take a Look at This Fantastic Updated Home! This beautifully updated ranch feels like new, featuring brand-new vinyl siding and countless upgrades throughout. The main level offers 3 bedrooms and 2 full baths, including primary suite bathroom. You’ll love the spacious living room and bright eat-in kitchen with all-new cabinets, countertops, tile flooring, and windows. Enjoy new or restored flooring and updated windows throughout the home, plus completely redone bathrooms on the first floor. The walkout basement adds even more living space, featuring 2 additional bedrooms, a family room, a half bath, and plenty of storage—perfect for guests or a home office setup. Step outside to the huge upgraded deck with Trex decking and take in the beautiful views of Webster Lake. You might even catch the Indian Princess cruising by! Don’t miss your chance to see this move-in-ready gem. Schedule your showing today!
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| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017