111 Parkledge Drive
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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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by RE/MAX Hometown Choice | $449,900 | |
| Listed by RE/MAX Hometown Choice | |||
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Nestled in the vibrant Synder neighborhood known for its community spirit and top-rated SMALLWOOD Elementary, this stunning split-level gem is the perfect blend of modern luxury & timeless charm. Step inside & prepare to be WOWED by a show-stopping dream kitchen ~ the kind you’d expect in a high-end luxury home, but here, it comes at a fraction of the cost! Featuring quartz countertops, custom cabinetry, & premium JennAir appliances, this kitchen is anchored by an oversized island so grand, we’re calling it the HUB of the HOUSE. Whether you're hosting holidays or casual Sunday breakfasts, this is where everyone will gather to eat, laugh, & connect. The vaulted sled ceiling dining room offers an elegant vantage point over your gourmet kitchen, & a warm gas fireplace welcomes you into the spacious living room. Slide into sunroom with radiant heated floors, perfect for enjoying every season in comfort. Downstairs, discover a versatile 4th bedroom or home office w/private entrance & a sleek ensuite bath—ideal for guests, multigenerational living, or work-from-home professionals. Step right outside from here onto your private backyard patio complete with a 2019 hot tub, perfect for entertaining or unwinding in your own oasis. Storage & organization are effortless thanks to the freshly painted 2-car attached garage with brand-new epoxy floors, a workshop area, and direct access to a large mudroom with built-in cubbies and bench seating. Upstairs, three generous bedrooms share a beautifully maintained full bath, while the primary suite boasts a serene view of the backyard & its own private access to the bath, featuring pristine tile work and a stylish shower/tub combo. Enjoy mornings on your quaint front porch, evenings in professionally Landscaped yard, & weekends exploring Amherst State Park, Fetto Park, or the Grover Cleveland Golf Course. Just minutes from Main Street’s local shops, eateries, and theater, w/easy access to the I-290 & I-90! This isn’t just a house. It’s home — where luxury, location, and lifestyle come together in perfect harmony. *Public records different from actual sq footage because it doesn't include approx. 164 Sq Feet of heated Sunroom
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| Nov 18, 2015 | Sold | ||
| Sold | |||
| Aug 12, 2015 | Listed by REALTY USA WNY INC | $189,900 | |
| Listed by REALTY USA WNY INC | |||
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About Erie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017