2867 ERNEST Street
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 |
|---|---|---|---|
| Oct 21, 2015 | Sold | ||
| Sold | |||
| Sep 11, 2015 | Listed by FUTURE HOME REALTY INC | $34,900 | |
| Listed by FUTURE HOME REALTY INC | |||
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**MULTIPLE OFFERS - HIGHEST & BEST DUE 9/21/2015 BY 5:00 PM**
Amazing value! Three bedroom bungalow on a corner lot in Riverside. Real hardwood floors, ceramic tile kitchen, bath and dining area. Large detached shed in back yard. Fully fenced yard. Central Hvac (2000), Roof (2006), upgraded elec.service (2000). “special financing'' available for this property through Jamie Zeitz, Certified Renovation Specialist with HomeBridge Financial.
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| Aug 7, 2015 | Listed by MITCHELL & WILLIAMS REALTY LLC | $36,000 | |
| Listed by MITCHELL & WILLIAMS REALTY LLC | |||
| Oct 4, 2012 | Sold | ||
| Sold | |||
| Aug 22, 2012 | Listed by MITCHELL & WILLIAMS REALTY LLC | $34,900 | |
| Listed by MITCHELL & WILLIAMS REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017