501 Erinblu Place
About This Property
Say goodbye to low ceilings-enjoy the spacious, vaulted living area with brand-new brown beams. The kitchen features granite countertops, stainless steel appliances, and sleek new fixtures for a contemporary feel. Recent updates include fresh beige exterior paint, new brown doors and shutters, and newly painted interior spaces, including the garage.
Unlike many homes, this one has no carpet-only tile and wood floors throughout. With central heat and air, a fenced backyard, attached garage, and stackable washer/dryer included, this home has everything you need in one place.
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Cap Rate Calculator
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 6, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Relisted | $159,000 | |
| Relisted | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$159,000
↓ $5K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017