116 Erickson 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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by Move Real Estate | $179,900 | |
| Listed by Move Real Estate | |||
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Move in Ready! This Eastwood charmer includes 4 spacious bedrooms and 2 full baths with extra useable square footage with an open unfinished attic, a detached 2 car garage, an adorable backyard with raised garden beds and so much more. This home has many updates including the flooring, windows, and a first floor bathroom remodel. Don't wait! You do not want to miss this one. Delayed showings until Friday March 29th at 12 pm. OPEN HOUSE Saturday March 30th 11 am- 1 pm. ALL OFFERS DUE SUNDAY MARCH 31st AT 12 pm.
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About Eastwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017