3555 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 |
|---|---|---|---|
| Jun 15, 2025 | Price Decreased |
$229,000
↓ $6K
(2.5%) | |
| Price Decreased | |||
| May 15, 2025 | Listed | $234,900 | |
| Listed | |||
| | |||
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Adorable bungalow for sale in cozy Murray Hill! Home features enclosed front porch with available seating, original hardwood floors, wood burning fire place, cute kitchen with tons of natural light, an updated bathroom, and a massive 400 sqft enclosed rear patio. Roof is relatively new (2021) with regularly maintained HVAC, fully enclosed front and rear fence, and extended driveway for guests on the weekend!
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| Oct 2, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $229,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jun 22, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017