52 Erb Dr
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%.
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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.
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 7, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $1,195,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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A rare offering perched on the side of Scargo Hill between the Tower and Princess Beach. This home overlooks 33 acres of conservation land creating a special natural refuge. Follow a short pathway to Princess Beach, arguably one of the finest fresh water beaches on Cape Cod. There is also neighborhood access to the lake. This expansive home was built for extended family and has been a cherished spot for multiple generations. With flowing spaces the first floor kitchen is open to the dining, living and family rooms. There are two wood burning fireplaces in these spaces. Two sliding doors open to a bluestone patio running the length of the house. There is a fire pit along with an outdoor shower and the space is fully fenced. Also on the first floor are a full bath with laundry, a bedroom and an office which has an outside access door. The primary bedroom upstairs has a private bath with a soaking tub, cathedral ceilings and a bonus room with many possibilities. Two additional bedrooms a
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| Oct 20, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jun 20, 2023 | Price Decreased |
$1,395,000
↓ $200K
(12.5%) | |
| Price Decreased | |||
| May 24, 2023 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $1,595,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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A rare offering on the side of Scargo Hill between the Tower and Princess Beach. This home was built for extended family and has been a cherished spot for multiple generations. It is well built and has been lovingly cared for with many updates. The square footage does not reflect over 700 square feet of walk-out finished space on the basement level. There is a first floor bedroom and an office with an outside access door. The primary bedroom upstairs has a private bath and a bonus room with possibilities. Two additional bedrooms and a bath complete the second floor. There is neighborhood access to the Lake. There is also a short path to Princess Beach through conservation land at the end of the driveway. Outdoors there is a new patio area with retaining walls, fencing and an outdoor shower.. There is also a dog area! An outstanding hidden treasure.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017