24 Erwin 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 |
|---|---|---|---|
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by Coldwell Banker Realty - North Reading | $675,000 | |
| Listed by Coldwell Banker Realty - North Reading | |||
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NEW PRICE! This 3 bed / 2 bath split-level has been completely remodeled by the current owners. Over 1,800 sqft of living space. Main level consists of kitchen with black cabinets, island with counter seating, tile backsplash, and S/S appliances. Walls removed to create open concept kitchen/dining/LR. Hardwood floors throughout main level. Living room features wood FP, built-in storage cabinets, and plenty of windows. Main/guest bath features vanity with deep bowl sink, rustic lighting, and vinyl-plank floor. Master bed features his/her closets and 3/4 bath with custom vanity, tile floor, and frameless glass shower. Main level finished off by two other well-sized bedrooms. Lower level consists of playroom (possible 4th bedroom) with second wood FP, and nearly completed multi-function room just waiting for some finishing touches. Oversized two car garage. Maintenance-free vinyl siding. Large 3-season porch overlooking fenced-in backyard. Interior freshly painted. Batchelder school.
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| Jul 2, 2014 | Sold | ||
| Sold | |||
| May 8, 2014 | Listed by William Raveis R.E. & Home Services | $469,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017