2114 Earnshaw Drive
About This Property
The secondary bedrooms are good sized and one bedroom has been converted into an office, but can easily be reconverted back into a bedroom. The spacious kitchen has been remodeled with large granite topped center island with sinks and lots of room for casual eating. The cabinets are a dark rich brown with lots of storage. The formal eating area is adjacent to the kitchen with lots of windows, a sideboard and a wine fridge. Sliding door leads to the wonderful park-like backyard. The beautiful pool and spa that has an upgraded heater and filter. The BBQ island is the perfect place to gather for grilling and chatting and the fire ring is great for having out on cool evenings. There is also space for large table with retractable sail cover to beat the summer heat and enjoy the fixings from the BBQ. All this and solar to ensure your electric bill is low.
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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 |
|---|---|---|---|
| Mar 21, 2018 | Sold | ||
| Sold | |||
| Feb 3, 2018 | Listed by Preferred Home Brokers | $800,000 | |
| Listed by Preferred Home Brokers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017