3539 ERNEST Street
About This Property
The kitchen is a true masterpiece, meticulously updated with stainless steel appliances, while still preserving its vintage charm. Brand new windows throughout the house flood the rooms with natural light, creating an airy and inviting ambiance.
The fenced-in, newly sodded backyard provides an oasis style retreat.
The hidden loft creates incredible potential for an elegant reading nook or extra storage space space
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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 |
|---|---|---|---|
| Jul 11, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by UNION PROPERTIES OF GAINESVILLE INC | $257,500 | |
| Listed by UNION PROPERTIES OF GAINESVILLE INC | |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by UNION PROPERTIES OF GAINESVILLE INC | $180,000 | |
| Listed by UNION PROPERTIES OF GAINESVILLE INC | |||
| Aug 7, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017