4 Erin Rd
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Relisted | $440,500 | |
| Relisted | |||
| Jul 19, 2024 | Price Increased |
$725,000
↑ $285K
(64.6%) | |
| Price Increased | |||
| Jun 5, 2024 | Listed by Consoli Realty Group | $750,000 | |
| Listed by Consoli Realty Group | |||
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A pristine home in a private, 3 home cul-de-sac off the main road. First floor area is fairly open with large eat-in-kitchen with granite counters, updated appliances, and extra sitting area. Opens to the living room area with hardwood and gas fireplace. Good sized dining area completes the 1st floor living area. There is also a half bath/laundry and access to the deck that abuts the private wooded conservation area and looks down on newer fenced-in patio area where you can relax in your own private hot tub. 2nd floor has 3 bedrooms including main bedroom with gorgeous bathroom and large walk-in closet and 2 additional bedrooms with 1 more full size bathroom. Basement is partially finished only needing some carpet/flooring to finish the area off. 2 stall garage with EV-charging station and additional storage area. Central air/heat with radon remediation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017