3549 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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Price Decreased |
$259,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Jun 5, 2024 | Listed by COMMUNITY REALTY ASSOCIATES | $264,900 | |
| Listed by COMMUNITY REALTY ASSOCIATES | |||
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Discover the charm of this beautifully updated 1940's bungalow, located in the vibrant and up-and-coming Murray Hill area. Just minutes from Edgewood Avenue, this home is perfectly situated near the trendy Avondale and Riverside neighborhoods. Step into a turn-key house that blends classic charm with modern convenience. The newly updated bathroom features a luxurious Kohler sink, bathtub, and fixtures, all complemented by a stunning marble floor. The kitchen has granite countertops, modern fixtures, and show-stopping modern tile floor. The interior boasts original windows and hardwood floors, freshly painted walls, and contemporary updates throughout. Enjoy spacious bedrooms and a fluid floor plan that offers both comfort and functionality. Outside, the newly planted gardens and fenced in yard enhance the appeal of this quiet community. The property also includes a large, insulated shed for storage and a spacious driveway, perfect for accommodating multiple vehicles. This beautiful bungalow offers a unique blend of historic charm and modern living in a prime location. Don't miss the opportunity to make it your own!
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| Apr 24, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017