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2152 Erma Drive
About This Property
The radiant heated floors in the kitchen includes an eat-in area perfect for casual meals or entertaining guests , while Anderson windows brighten the home with abundant natural light. A detached 1.5-car garage with electrical hookup offers versatile space for storage, a workshop, or creative projects. Additional upgrades include a 6-zone sprinkler system, 3-zone heating, 200-amp electrical service with a 100-amp subpanel, and thoughtfully designed living spaces that combine functionality with style.
Ideal for everyday living and entertaining, this East Meadow residence blends comfort, convenience, and timeless appeal. Don't miss the opportunity to make it your own!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017