252 ERNEST 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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by George T Whalen Real Estate | $485,000 | |
| Listed by George T Whalen Real Estate | |||
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Situated on a bucolic road is this charming two bedroom, one bath cottage perfect for enjoying life in the country. This home has an inviting and comfortable interior complete with hardwood floors. Surrounded by larger estates, one can enjoy picturesque views of farmland to the east and north, and to the west spectacular winter sunsets over the Catskills. Off the front of the home, a delightful deck surrounded by beautiful plantings catches the eastern sun. Located a short distance to the Millbrook Winery, this very pleasant property is a special offering in Millbrook.
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| Mar 16, 2016 | Sold | ||
| Sold | |||
| Jan 8, 2016 | Listed by HEATHER CRONER RE-SOTHEBY'S ML | $228,000 | |
| Listed by HEATHER CRONER RE-SOTHEBY'S ML | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017