15 Erlin Rd
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 |
|---|---|---|---|
| Sep 17, 2009 | Sold | ||
| Sold | |||
| Aug 25, 2008 | Listed by Applewood Realty | $429,900 | |
| Listed by Applewood Realty | |||
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Open concept colonial features 3 big bedrooms, 3 full baths, stainless steel appliances, all granite countertops, laundry on level 2, walk-in master closet, tile foyer and all baths, hardwood in dining room, living room and upstairs hall/landing. French dining room doors. Oak treads on main staircase, attached 2 car garage, deck and central air conditioning. Unfinished walk-up attic. Custom cabinet allowance is $12,000! Compare that to other builders!! Town water& sewer. Private big back yard.
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| Jun 9, 2008 | Sold | ||
| Sold | |||
| Apr 11, 2008 | Listed by Century 21 Commonwealth | $160,000 | |
| Listed by Century 21 Commonwealth | |||
| Jul 27, 2005 | Sold | ||
| Sold | |||
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