246 Erickson Rd
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Oakridge Realty, LLC | $325,000 | |
| Listed by Oakridge Realty, LLC | |||
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HIGHEST AND BEST Offers Due by Tuesday 3/26/24 @ 1pm. BEAUTIFULLY UPDATED home with two beds + office on a private lot. Where to begin...this spacious home has it all, including STUNNING KITCHEN with ample counter space, all NEW appliances, updated fixtures, undermount sink & QUARTZ COUNTERTOPS. Beautiful flooring throughout in addition to tile in bathroom. Generously sized bedrooms including Large main bed with nicely sized closet. INTERIOR FRESHLY PAINTED including basement. BONUS: Open loft space on the second floor perfect for an extra hangout area. Brand NEW Water Heater. Exterior includes maintenance free vinyl siding, new gutters, two generous decks (front and back), fresh landscaping and a BRAND NEW Septic (yard just seeded in back). Move right in without lifting a finger! **FREE 1-YR HOME WARRANTY if buyer closes within 30 Days from Offer Acceptance.
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| Oct 20, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017