1705 Erin Drive
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 16, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by RE/MAX Rising | $200,000 | |
| Listed by RE/MAX Rising | |||
| | |||
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Close to Rivian! This 4 bedroom, 2 full bath bi-level home has a functional layout and abundance of space. As you step inside, you'll immediately notice the open feel of the main living area. Large windows flood the space with natural light. The main level features a comfortable living room, a kitchen area that leads to a private deck, 3 bedrooms and an updated bathroom. On the lower level, you'll find additional living space, perfect for a family room, game room, or home office. This level also includes the 4th bedroom, a full bathroom, a laundry area, and access to the garage. With its 2-car attached garage, you'll never have to worry about parking again, and you'll have ample space to store your vehicles and other belongings. With its functional layout and abundance of space, this bilevel home is the perfect choice for those who appreciate convenience.
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| Oct 14, 2021 | Sold | ||
| Sold | |||
| Aug 27, 2021 | Listed by Coldwell Banker Real Estate Group | $179,900 | |
| Listed by Coldwell Banker Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017