5 Erin Lane
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 |
|---|---|---|---|
| Oct 15, 2014 | Sold | ||
| Sold | |||
| Aug 14, 2014 | Listed by Marc Cohen Real Estate | $379,900 | |
| Listed by Marc Cohen Real Estate | |||
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Terrific neighborhood setting on a cul-de-sac near the Norton Country Club. Original owners have upgraded the kitchen and two full baths and have added a 10 x 7 bump-out to the kitchen and a beautifully finished mud room entry. Hardwood floors in fireplaced family room and in the formal dining room. S.S. appliances in the kitchen are included. Finished den/playroom in the walk-out basement. Large deck, beautiful private back yard includes a storage shed. Great property, come take a look!
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| Sep 25, 1989 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017