220 Erickson Road
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 |
|---|---|---|---|
| Jul 28, 2008 | Sold | ||
| Sold | |||
| Mar 13, 2008 | Listed by Keller Williams Realty Greater Worcester | $175,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
| May 5, 2006 | Sold | ||
| Sold | |||
| Jan 10, 2006 | Listed by Townsend Center Realty | $219,900 | |
| Listed by Townsend Center Realty | |||
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Updated cape located in a nice country setting. New carpet, vinyl flooring, and paint throughout. Very warm and neutral tones. Hardwood flooring under carpet. Comfortable 3-season room provides great space for enjoying coffee and newspaper or a book. All appliances included. Recently approved design for septic system to be installed by seller. Attic space finished off, excellent space for bedroom, office, rec area. Convenient location. Easy to show, definitely worth a look!
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| Jun 16, 2003 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017