5 Ernst Road
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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%.
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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.
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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 22, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Jan 15, 2022 | Listed by J. Philip Real Estate, LLC. | $699,500 | |
| Listed by J. Philip Real Estate, LLC. | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed by J. Philip Real Estate, LLC. | $624,900 | |
| Listed by J. Philip Real Estate, LLC. | |||
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Newer 3,000 sq. ft. colonial home with spacious rooms, 9' ceilings and an open layout on 4.5+ acres of wooded land. The first floor consists of an entry foyer with 2 double closets, formal Dining Rm and an open floor plan with Living Rm, Family Rm, Breakfast Area (both w/sliders to 15x30 deck) and Kitchen with stainless appliances and granite countertops. The ½ bath, laundry area and access to the 26 x 26 attached garage complete this level. The second floor contains a spacious Master BR with walk-in closet and LARGE master bath, plus 2 additional Bedrooms "+ den" -- all with walk-in closets! -- hall bath and a large open area. Hardwood floors throughout whole house. 1500 sq. ft. walkout basement with sliders to an 8-person hot tub and outdoor TV. Close to Metro North, Rt. 9, shopping, etc. Taxes estimated. Septic engineered for 4 BR. The manager has listed the unit size as 2976 square feet.
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017