1097 Acadia Cir
About This Property
The second level has a master suite, two large bedrooms, an updated bathroom, and a family-friendly loft. The master bedroom has beautiful natural light and more than enough space. The master bath is fully updated with stone counter tops, brass faucets, and a huge walk-in open shower that you'll never want to leave.
The basement finishing has been started which should benefit the next owner, saving you time and money.
The home backs up to open space giving you complete privacy. What use to be a salvage yard is now a private residence meaning you don't to worry about development and construction and can enjoy the privacy. Erie Highlands offers you an astounding pool, clubhouse with a 24 hour gym, and a park to enjoy in your own neighborhood. Highlands Elementary sits conveniently nearby as well. There are numerous paths that to enjoy runs, walks, and biking on. Old Town Erie is within walking distance where you will find exquisite restaurants, shops, and entertainment.
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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 |
|---|---|---|---|
| Aug 4, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Your Castle Real Estate Inc | $650,000 | |
| Listed by Your Castle Real Estate Inc | |||
| | |||
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Seller is offering the buyer a $6500 credit to go towards closing costs or to buy down their rate! Erie is one of the fastest growing and best places to live in Colorado. This quintessential family experience awaits you with this home. This two-story, three-bedroom, three-bath home will have you feeling like you just walked into "the one". A long hallway leads you to a completely open-concept kitchen, dining, and living room with dark, wide-plank modern wood floors throughout. The kitchen is clean with character, featuring grey cabinets, quartz countertops with light, natural veining, subway tile, and brass pulls to contrast design elements.
The second level has a master suite, two large bedrooms, an updated bathroom, and a family-friendly loft. The master bedroom has beautiful natural light and more than enough space. The master bath is fully updated with stone counter tops, brass faucets, and a huge walk-in open shower that you'll never want to leave.
The basement finishing has been started which should benefit the next owner, saving you time and money.
The home backs up to open space giving you complete privacy. What use to be a salvage yard is now a private residence meaning you don’t to worry about development and construction and can enjoy the privacy. Erie Highlands offers you an astounding pool, clubhouse with a 24 hour gym, and a park to enjoy in your own neighborhood. Highlands Elementary sits conveniently nearby as well. There are numerous paths that to enjoy runs, walks, and biking on. Old Town Erie is within walking distance where you will find exquisite restaurants, shops, and entertainment.
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| Jun 18, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017