3117 Erle Road
About This Property
3-bedroom, 1-bathroom home in the heart of Marysville. Situated on a spacious lot, this property offers ample space both inside and out.
As you enter the home, you are greeted by a cozy living area featuring plenty of natural light and a warm, inviting atmosphere. The adjacent kitchen boasts functionality with ample cabinet space and room for dining.
The home features three comfortable bedrooms, each offering privacy and comfort for residents or guests. The shared bathroom is conveniently located and provides all the necessary amenities.
Outside, the property offers a large yard, perfect for outdoor activities and gatherings. Whether you're enjoying a peaceful evening on the patio or gardening in the yard, there's plenty of space to make this outdoor area your own.
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Cap Rate Calculator
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 16, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | Listed by Fathom Realty Group, Inc. | $400,000 | |
| Listed by Fathom Realty Group, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017