Lot 2 Ernie Dr
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 |
|---|---|---|---|
| Dec 5, 2016 | Sold | ||
| Sold | |||
| Aug 5, 2015 | Listed by Homes of Distinction Realty Inc. | $314,900 | |
| Listed by Homes of Distinction Realty Inc. | |||
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Phase One of "Taft Estates" The perfect blend of location and value in new construction. Have your QUALITY home built in this well thought out cul-de-sac neighborhood. Taft Estates Features ENERGY efficient gas heat with town water and town sewer. Sturdy 2 x 6 construction, 40 year architectural shingles, hardwood flooring, gas fireplace and covered porches are standard features. Three Desirable floor plans to choose from . Generous allowances and reasonable upgrades offered. Enjoy the process, pick your plan, make your selections and move into your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017